FOR SALE RESIDENTIAL INVESTMENT PORTFOLIO P.O.A EXECUTIVE SUMMARY \ 3 residential properties located in South Manchester, close to the city centre. \ Current gross rental income of £86,452. \ For sale as a single lot, subject to existing tenancies. AVAILABLE SPACE 17 x 1 bed apartments
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
FOR SALE
RESIDENTIAL INVESTMENT PORTFOLIO
P.O.A EXECUTIVE SUMMARY
\ 3 residential properties located in South Manchester, close to the city centre.
\ Current gross rental income of £86,452.
\ For sale as a single lot, subject to existing tenancies.
AVAILABLE SPACE 17 x 1 bed apartments
0161 831 1690
COUNCIL TAX
Description / Residential Parties are to make their own enquiries into Council Tax bands for the properties. VAT
Prices and rental are exclusive of VAT if chargeable.
TERMS
Current gross rental income of £86,452 per annum. Price on application. LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.
VIEWING
By prior arrangement with the agents: Eddisons Tel / 0161 831 1690 Email / [email protected] Email / [email protected] MARCH 2017 SUBJECT TO CONTRACT FILE REF / 704.2521
LOCATION The properties are located approximately 2.5 miles south of Manchester city centre in the popular residential locations of Fallowfield and Withington. The properties are located close to the University of Manchester’s Fallowfield Campus, with good transport links to Manchester city centre provided via Levenshulme and Mauldeth Road Railway Stations located close by. The area in the direct vicinity of the property is mixed use in nature, with predominantly residential dwellings, interspersed with a small selection of commercial businesses and shops.
DESCRIPTION 10 Brighton Grove, Fallowfield - comprises a three storey semi-detached house which has been converted to provide 4 x 1 bed self contained apartments - 100% occupied. 43 Brighton Grove, Fallowfield - comprises a three storey semi-detached house which has been converted to provide 4 x 1 bed self contained apartments - 100% occupied. 1 & 3 Lorne Road, Withington - comprises a three storey building which has been converted to provide 9 x 1 bed self contained apartments - 100% occupied. Each individual flat benefits from connection to mains gas, electricity and water. The current rental income for the individual properties is as follows:- PROPERTY RENT P.A 10 Brighton Grove, Fallowfield 43 Brighton Grove, Fallowfield 1 & 3 Lorne Road, Withington
£18,480 £18,464 £49,508
Further details on the individual lots are available upon request.
Related Documents
