1 bed (for sale) Withington Road, Manchester M16

£675,000
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Madina Property Services
588 Stockport Road, Manchester
0161 937 6533
First Published

12th Oct 2018

Last Published

13th Oct 2018

 

Features

  • Type:
  • Bedrooms: 1
  • Listing status: sale
  • Country: England

Description

*** seven self-contained apartments for sale *** fantastic investment opportunity *** excellent location ***

This is an excellent opportunity to purchase/invest in this fantastic property conveniently situated with easy access to Manchester city centre and excellent transport links.
The property consists of six, one-bedroom apartments and one, three-bedroom duplex apartment.
The building is freehold and benefits from a large car park at the rear for residents.

Current rental income = £50,880 per annum.
7.5% yield!

Early Viewing Recommended!

 

Local info for M16

 

Property Value Data/Graphs for M16

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 85.9% £123,254 1.2 1
Semi-detached house 5.7% £328,588 3.5 1.1
Terraced house 3.9% £241,000 3.3 1.1
Other 1.6% £48,556 1.3 0.2
End terrace house 0.9% £221,990 3.6 1.2
Detached house 0.9% £469,000 6.8 4.2
Maisonette 0.5% £161,667 2.7 0
Studio 0.5% £33,815 0 0.7

Area Information

Average Price Paid

£207,779

Sales

2123

Current Average Value

£142,040

Value Change

£65,739 46.3%

 

Current Asking Prices in M16 Average: £142,040

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £22,125 (8) £189,667 (9) £264,476 (29) £359,164 (18) £362,500 (4)
Flats £112,095 (387) £165,701 (94) £211,988 (5) - -
All £110,273 (395) £167,795 (103) £256,757 (34) £359,164 (18) £362,500 (4)

Nearby Properties

3 bed Semi-detached house () Windsor Crescent, Prestwich, Manchester M25 £260,000
3 bed Semi-detached house () Hilton Lane, Worsley, Manchester, Greater Manchester M28 £235,000
2 bed Semi-detached house () Rossett Drive, Urmston, Manchester, Greater Manchester M41 £175,000
3 bed Link-detached house () Station Road, Marple, Stockport, Cheshire SK6 £350,000
3 bed Semi-detached house () Hacking Street, Salford, Greater Manchester M7 £140,000
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