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.
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