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5 bedroom block of apartments for sale

Central Road, West Didsbury, Manchester

Offers Over £600,000

Property Description

Key features

  • Investment Property
  • Four Apartments
  • Fully Let
  • Fashionable West Didsbury
  • c. 32,640 p.a / 5.5% Yield
  • No Chain
  • Planning for Basement Conversion
  • Two Off Street Parking Bays

Full description

*** INVESTMENT PROPERTY ***
A large PERIOD SEMI consisting of FOUR APARTMENTS, three self contained one bedroom apartments and an additional, unique TWO BEDROOM DUPLEX apartment to the rear. Fully refurbished to high standard throughout with a potential RENTAL INCOME of £32,640 PA. 5.5% YIELD. PLANNING PERMISSION has been granted to convert the cellar into a one bedroom apartment.

*** Investment Property ***
A large period semi-detached property which comprises four self-contained apartments with potential rental income of £34,200 per annum, representing a 5.3% yield. There is an opportunity to further develop the basement to create a fifth lower ground floor apartment, PLANNING HAS BEEN GRANTED. Fully refurbished to a high standard the property is centrally located in West Didsbury within strolling distance to the eclectic Burton Road and the Metrolink station.

Apartment 17 - A raised ground floor apartment with an approximate rental income of £650 PCM / £7,800 per annum. The accommodation has been fully renovated to a high standard and comprises a private entrance hallway, bay fronted living room, fitted modern kitchen with appliances, contemporary bathroom and a spacious double bedroom. Benefits include gas central heating via a combination boiler, UPVC double glazing throughout, alarm and off street parking to the rear of the development.

Apartment 18 - A first floor one bedroom apartment generating a rental income of £650 PCM / £7800 per annum. The accommodation has been fully renovated to a high standard and comprises a private entrance hallway, living room, fitted modern kitchen with appliances, contemporary bathroom and a spacious double bedroom. Benefits include gas central heating via a combination boiler, UPVC double glazing throughout, alarm and off street parking to the rear of the development.

Apartment 19 - A top floor one bedroom apartment generating a rental income of £625 PCM / £7500 per annum. The accommodation has been fully renovated to a high standard and comprises a private entrance hallway, living room, fitted modern kitchen with appliances, contemporary bathroom and a spacious double bedroom. Benefits include gas central heating via a combination boiler, UPVC double glazing throughout, alarm and off street parking to the rear of the development.

Apartment 20 - An individual two bedroom duplex apartment with an approximate rental income of £795 PCM / £9,540 per annum. The accommodation has a private entrance hallway and has been renovated to high standard. The apartment comprises an entrance hallway, living room, fully fitted modern kitchen with appliances and a bedroom/study to the ground floor. The top floor reveals a large master bedroom and a contemporary bathroom. Benefits include gas central heating via a combination boiler, UPVC double glazing throughout, private garden and off street parking to the rear of the development.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.


More information from this agent

Listing History

Added on Rightmove:
11 January 2018

Floorplans

Map & Street View

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