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6 bed flat
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Our Summary
- The development holds superb potential to increase the capital value, with the modernisation of the apartments and selling individually or equally increase the rental values accordingly after renovation, thus increasing the yield to an even more attractive level
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Description
This Victorian semi-detached property has been converted into a block of six one-bedroom apartments, situated close to Urmston Town Centre. The development is fully let, with tenants on assured shorthold tenancy agreements, generating an annual rental income of over £53,000. The property holds significant potential for capital growth, as the apartments can be modernized and sold individually or as a whole, increasing the rental values and yield.
This presents an attractive opportunity for investors to increase their returns while also benefiting from the property's prime location.