0 bed Block of flats (for sale) Dale Street, Manchester M1
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Vesta Property
29 Charlotte Road, London
020 8115 4124
29 Charlotte Road, London
020 8115 4124
First Published
7th Aug 2019
Last Published
11th Sep 2019
Features
- Type: Block of flats
- Bedrooms: 0
- Listing status: sale
- Country: England
Description
This is an investment opportunity to purchase a 8 unit nationwide portfolio generating £92,172 rent pa and a gross yield of 6.1%.Portfolio information:
- 8 units fully let
- 6 leasehold flats consisting of:
- 4 x 2-beds
- 2 x 4-beds
- 2 freehold houses consisting of:
- 1 x 2-bed
- 1 x 4-bed
Location information:
- 1 x unit in Nottingham
- 2 x units in Newcastle
- 2 x units in Manchester
- 1 x unit in Southsea
- 1 x unit in Birmingham
- 1 x unit in Doncaster
Available upon request:
- Portfolio breakdown
- EPCs for all units
- Leasehold information per unit
ves-NE1-006
The documents relating to the property are the latest available at the date of listing. Certain documents may expire or become inaccurate over time.
Please note that prospective buyers will be required to pay a fee of £900 per unit to Vesta upon acceptance of an offer on this property. The seller of the property will also pay a fee to Vesta.
Local info for M1
Property Value Data/Graphs for M1
| Property Type | % | Avg. current value | Avg. # beds | Avg. # bathrooms |
|---|---|---|---|---|
| Flat | 99% | £293,980 | 1.8 | 1.2 |
| Town house | 0.4% | £524,998 | 3 | 2.5 |
| Studio | 0.4% | £77,500 | 0 | 0.5 |
| Other | 0.2% | £360,524 | 2 | 0 |
Area Information
Average Price Paid
£197,314
Sales
1667
Current Average Value
£294,162
Value Change
£96,848 49.1%
Current Asking Prices in M1 Average: £294,162
| Property Type | 1 Bed | 2 Beds | 3 Beds | 4 Beds | 5 Beds |
|---|---|---|---|---|---|
| Houses | - | £355,262 (2) | - | £699,995 (1) | - |
| Flats | £165,062 (179) | £276,834 (280) | £772,981 (58) | £389,000 (1) | - |
| All | £165,062 (179) | £277,390 (282) | £772,981 (58) | £544,498 (2) | - |
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