9 Bed Apartment For Sale

Investment Consideration:

Gross Initial Yield: 5.43%

Rental Income: £55,920 p.a.

VAT is NOT applicable to this property

Comprises portfolio of 5 apartments (4 x 2-Bed and 1 x 1-Bed) within a purpose build residential complex

All apartments held on a 150-year leases from 22nd Dec 2000, thus having 127 years unexpired

Situated within 9 min walk from Deansgate Train Station with occupiers nearby including Restaurants, Pubs, Pharmacy, Convenience Store and many more.



Apartment 238:

Comprises 2-bedroom first floor apartment, providing the following accommodation and dimensions:

GIA: 68 sq m (732 sq ft)

Kitchen/Living Room, 2 Bedrooms, Bathroom, Balcony

EPC Rating - C



Apartment 239:

Comprises 1-bedroom first floor apartment, providing the following accommodation and dimensions:

GIA: 46 sq m (495 sq ft)

Kitchen/Living Room, Bedroom, Bathroom, EPC Rating - C



Apartment 291:

Comprises 2-bedroom fourth floor apartment, providing the following accommodation and dimensions:

GIA: 56 sq m (603 sq ft)

Kitchen/Living Room, 2 Bedrooms, Bathroom, Balcony

EPC Rating - D



Apartment 307:

Comprises 2-bedroom fourth floor apartment, providing the following accommodation and dimensions:

GIA: 47 sq m (506 sq ft)

Kitchen/Living Room, 2 Bedrooms, Bathroom, EPC Rating - C



Apartment 309:

Comprises 2-bedroom fourth floor apartment, providing the following accommodation and dimensions:

GIA: 57 sq m (613 sq ft)

Kitchen/Living Room, 2 Bedrooms, Bathroom, EPC Rating - D



Location:

Hulme is an inner-city area and electoral ward of Manchester, England, immediately south of Manchester city centre beyond the River Medlock. The property is situated within 9 min walk from Deansgate Train Station with occupiers nearby including Restaurants, Pubs, Pharmacy, Convenience Store and many more.