Block of flats for sale in Stretford Road, Manchester M15

Investment Consideration:
Gross Initial Yield: 6.56%
Rental Income: £59,040 p.a.
VAT is not applicable to this property
Comprises portfolio of 5 x 2-Bed apartments within a purpose build residential complex
All apartments held on a 150-year leases from 1st Oct 1994, thus having 121 years unexpired
Situated within 0.9 miles from Manchester Oxford Road Train Station with occupiers nearby including Subway, Post Office, Barber`s, Convenience Store and more.

Apartment 56:
Comprises 2-bedroom 4th floor apartment, providing the following accommodation and dimensions:
Gia: 67 sq m (721 sq ft)
Kitchen/Living Room, 2 Bedrooms, Bathroom
EPC Rating - D

Apartment 57:
Comprises 2-bedroom 4th floor apartment, providing the following accommodation and dimensions:
Gia: 67 sq m (721 sq ft)
Kitchen/Living Room, 2 Bedrooms, Bathroom
EPC Rating - C

Apartment 58:
Comprises 2-bedroom 4th floor apartment, providing the following accommodation and dimensions:
Gia: 67 sq m (721 sq ft)
Kitchen/Living Room, 2 Bedrooms, Bathroom
EPC Rating - D

Apartment 64:
Comprises 2-bedroom 4th floor apartment, providing the following accommodation and dimensions:
Gia: 67 sq m (721 sq ft)
Kitchen/Living Room, 2 Bedrooms, Bathroom
EPC Rating - D

Apartment 65:
Comprises 2-bedroom 4th floor apartment, providing the following accommodation and dimensions:
Gia: 68 sq m (732 sq ft)
Kitchen/Living Room, 2 Bedrooms, Bathroom
EPC Rating - D

Location:
Hulme is an inner-city area and electoral ward of Manchester, England, immediately south of Manchester city centre beyond the River Medlock. The property is situated within 0.9 miles from Manchester Oxford Road Train Station with occupiers nearby including Subway, Post Office, Barber`s, Convenience Store and more.