Commercial Development for saleAsh Tree Road, 50 Ash Tree Road, Crumpsall, Manchester, M8
1,937 sq. ft.
- 1,937 sq ft (179 sq m)
- EXCELLENT TENANTED INVESTMENT OPPORTUNITY
- CURRENT RENTAL INCOME £31,920 PER ANNUM
- CLOSE TO LOCAL AMENITIES, SCHOOLS & NORTH MANCHESTER HOSPITAL
- NET YIELD OF 9.67%
An excellent tenanted investment opportunity offered as a block of six flats. The property comprises six studio flats over three storeys with an approximate area of 180 sq/m (1937 sq/ft), net of staircases and landings. The current rental income is £31,920 per annum, representing a yield of approximately 8.74%.
The premises are presented in good condition, with each having had cosmetic work including new kitchens, decoration and carpets in 2017. The flats benefit from gas central heating. Ash Tree Road backs onto Crumpsall Park and is approximately 0.4 miles from Crumpsall Metrolink Station. Motorway access is approximately 2.2 miles away (M60, junction 19).
NB - photographs show flats 1 and 2.
More information from this agent
To view this media, please visit the on-line version of this page at www.rightmove.co.uk/commercial-property-for-sale/property-70343621.html
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference 1250. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pearson Ferrier Commercial, Bury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
* The speed displayed is the maximum broadband speed package available on comparethemarket.com. These may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by Decision Technologies Limited.
Map data ©OpenStreetMap contributors.