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
7th Dec 2022
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
Council tax bands C & DAggregate 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 | 95.3% | £299,794 | 1.7 | 1.5 |
| Studio | 3% | £190,351 | 0 | 0.7 |
| Lodge | 0.6% | £74,950 | 2 | 1 |
| Detached house | 0.2% | £425,000 | 3 | 0 |
| End terrace house | 0.2% | £550,000 | 4 | 0 |
| Other | 0.2% | £350,000 | 2 | 0 |
| Block of flats | 0.2% | £780,000 | 0 | 0 |
| Terraced house | 0.2% | £650,000 | 4 | 2 |
Area Information
Average Price Paid
£0
Sales
0
Current Average Value
£297,784
Value Change
£297,784 0%
Current Asking Prices in M1 Average: £297,784
| Property Type | 1 Bed | 2 Beds | 3 Beds | 4 Beds | 5 Beds |
|---|---|---|---|---|---|
| Houses | - | £350,000 (1) | £425,000 (1) | £600,000 (2) | - |
| Flats | £186,906 (165) | £350,322 (267) | £495,982 (17) | £1,200,000 (2) | - |
| All | £186,906 (165) | £347,273 (271) | £492,038 (18) | £900,000 (4) | - |
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