0 bed Block of flats (for sale) Dale Street, Manchester M1
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Vesta Property
Aston House, Cornwall Avenue, London,
020 8115 4124
Aston House, Cornwall Avenue, London,
020 8115 4124
First Published
7th Aug 2019
Last Published
9th Mar 2021
Features
- Type: Block of flats
- Bedrooms: 0
- Listing status: sale
- Country: England
Description
This is an investment opportunity to purchase a 4-unit nationwide portfolio generating £50,736 rent pa and a gross yield of 6.5%. Apartments are based in Manchester, Newcastle and Birmingham.Portfolio information
Fully let portfolio consisting of:
4 leasehold flats:
2 x 2-beds2 x 4-beds
Aggregate monthly rental income: £4,228Aggregate annual rental income: £50,736Aggregate gross yield 6.5%
Location information
2 x units in Newcastle1 x unit in Manchester1 x unit in Birmingham
Available upon request
Portfolio breakdownEPCs for all unitsLeasehold information per unit
Local info for M1
Property Value Data/Graphs for M1
| Property Type | % | Avg. current value | Avg. # beds | Avg. # bathrooms |
|---|---|---|---|---|
| Flat | 94.1% | £205,753 | 1.3 | 1.2 |
| Studio | 4% | £153,715 | 0.1 | 0.8 |
| Other | 0.9% | £240,000 | 2 | 0.3 |
| Block of flats | 0.6% | £1,342,500 | 0 | 0 |
| Town house | 0.3% | £345,000 | 2 | 2 |
Area Information
Average Price Paid
£210,751
Sales
1736
Current Average Value
£211,429
Value Change
£678 0.3%
Current Asking Prices in M1 Average: £211,429
| Property Type | 1 Bed | 2 Beds | 3 Beds | 4 Beds | 5 Beds |
|---|---|---|---|---|---|
| Houses | £160,000 (1) | £266,250 (4) | - | - | - |
| Flats | £176,542 (216) | £263,794 (81) | £406,799 (8) | - | - |
| All | £176,465 (217) | £263,910 (85) | £406,799 (8) | - | - |
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