Manchester Road, Bury

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £430,000.

This fully let, mixed-use commercial property offers an excellent investment opportunity with a strong and reliable income stream. The building comprises four self-contained one-bedroom flats and two ground-floor commercial units, all currently occupied. The residential flats are well presented, independently accessed, and fully tenanted, with clear scope for rental uplift in the future.

One of the commercial units is let on a new five-year lease beginning on 1st November 2025 at a rent of £900 per month, payable quarterly in advance, with a contracted increase to £1,000 per month from 1st November 2028. The second retail unit generates £1,100 per month, also payable quarterly in advance. This combination of commercial and residential accommodation provides a well-balanced and diversified income profile.

The property currently produces an annual income of £50,100, with significant potential to enhance returns through future rent increases across both the commercial and residential elements. Fully let and positioned to deliver stable long-term performance, the asset offers an attractive yield in excess of 10%, making it a compelling choice for investors seeking a high-performing and low-maintenance addition to their portfolio.

Please note: Images of the entire building are not included.

Tenure: Freehold