Investment opportunity - 14 self contained apartments spread across three properties in Fallowfield, Chorlton Cum Hardy and Victoria Park. The portfolio is generating an annual income of £89,568. Each of the properties are located in well established residential areas, popular with the student and professional rental market.
Granville Road is a freehold property consisting of six one bedroom apartments with rent ranging from £434 - £525 per calendar month. Blair Road is a freehold property consisting of four one bedroom apartments and one two bedroom apartment with rent ranging from £435 - £600 pcm. Richmond Grove consists of three, two bedroom apartments with rent ranging from £600-£660 pcm.
Three Self Contained flats achieving a monthly rental income of £1920. Richmond Grove is located in Victoria Park on the outskirts of Manchester City Centre. The University of Manchester and Manchester Metroplitan University Campus along with the mri and St Mary's hospitals are within around a mile from the property.
Five self contained flats generating a monthly income of £2655. Blair Road is situated in M16 on the board of Fallowfield and Chorlton just off Wilbraham Road.
Six self contained flats generating an income of £2888 pcm. Granville road is located in Fallowfield just off Wilmslow Road and within a mile of both Fallowfield and Withington High Streets.