0 bed Block of flats (for sale) Dale Street, Manchester M1

£780,000
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Vesta Property
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

Floor plan

 

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) -

Nearby Properties

5 bed Detached house () Carrwood, Hale Barns, Altrincham WA15 £5,000,000
5 bed Detached house () Carrwood, Hale Barns, Altrincham WA15 £5,000,000
6 bed Detached house () Grange Road, Bowdon, Altrincham, Cheshire WA14 £4,500,000
5 bed Detached house () Chapel Lane, Hale Barns, Altrincham WA15 £4,250,000
5 bed Detached house () Chapel Lane, Hale Barns, Altrincham WA15 £4,250,000
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