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
4th Aug 2020
Features
- Type: Block of flats
- Bedrooms: 0
- Listing status: sale
- Country: England
Description
This is an investment opportunity to purchase a 5 unit nationwide portfolio generating £63,216 rent pa and a gross yield of 6.1%. Apartments are based in Manchester, Newcastle and Birmingham.Portfolio information:
Fully let portfolio consisting of:
5 leasehold flats:
3 x 2-beds
2 x 4-beds
Aggregate monthly rental income: £5,268
Aggregate annual rental income: £63,216 pa
Aggregate gross yield 6.1%
Location information:
2 x units in Newcastle
2 x units in Manchester
1 x unit in Birmingham
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.
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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