This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Commercial Development for sale

Ash Tree Road, 50 Ash Tree Road, Crumpsall, Manchester, M8

£365,000
1,937 sq. ft.

Property Description

Commercial information

  • 1,937 sq ft (179 sq m)

Key features

  • EXCELLENT TENANTED INVESTMENT OPPORTUNITY
  • CURRENT RENTAL INCOME 31,920 PER ANNUM
  • CLOSE TO LOCAL AMENITIES, SCHOOLS & NORTH MANCHESTER HOSPITAL
  • NET YIELD OF 9.67%

Full description

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

Map & Street View

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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed 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. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.