Norwood Road, Stretford, M32
- PROPERTY TYPE
House
- BEDROOMS
6
- BATHROOMS
6
- SIZE
2,925 sq ft
272 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Development Opportunity
- Six Contemporary Apartments
- Approx. 2925 Sq.Ft
- Popular Location
- Experienced Investors Only
- No Onward Chain
- 7.1% Gross Yield
Description
A PRIME OPPORTUNITY to acquire a LONG-ESTABLISHED RESIDENTIAL INVESTMENT PROPERTY, consisting of SIX CONTEMPORARY APARTMENTS, set within an attractive period conversion, all currently let out and achieving a yearly rental of £55,140 representing a GROSS YIELD of 7.1%. The property is in a PRIME LOCATION, positioned on a highly popular residential road off edge lane within strolling distance of Chorlton village and the open space of Longford park. Offered for sale with NO ONWARD CHAIN. 2925 Sq.Ft
The development consists of two x one bedroom apartments and four studio apartments, which have all been renovated over the last two years, with each being fitted with modern kitchens and contemporary bathrooms.
Each of the apartments are currently let out, generating a monthly income of £4,595.
Ground Floor
Flat 1 – Studio Apartment - 323 sq.ft
Flat 1A – Studio Apartment - 323 sq.ft
Second Floor
Flat 2 – One bedroom apartment - 388 sq.ft (currently being renovated)
Flat 2A – Studio Apartment - 291 sq.ft
Third Floor
Flat 3 - One bedroom apartment - 344 sq.ft
Flat 3A – Studio apartment - 269 sq.ft
Externally the property benefits from unallocated parking to the rear of the property.
Freehold
Council Tax Bands: A
Approx.2925 Sq.Ft
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Norwood Road, Stretford, M32
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About Philip James Kennedy, Didsbury
679-681 Wilmslow Road, Didsbury, Manchester M20 6RA
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Visit our security centre to find out moreDisclaimer - Property reference DIS260207. 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 Philip James Kennedy, Didsbury. 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.
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