15 bedroom block of apartments for sale

>

15 bedroom block of apartments for sale

Stamford Street Central, Ashton-under-lyne, OL6
£1,299,995

Our Summary

  • Additionally, three commercial units on the ground floor offer further income potential
  • Located in an area known for its vibrant community and excellent transport links, this building represents a rare investment opportunity
  • The potential to increase rental income adds further potential to this already compelling investment opportunity
  • Potential to increase rental income

Description

This premium residential sale presents a well-maintained 15-bedroom HMO located on Stamford Street Central, with 13 en-suite bathrooms and two off-suite bathrooms. The property features two communal kitchens, spacious living areas, and three commercial units on the ground floor, generating a projected rental income exceeding £130,000 per annum with room for further growth. Situated in the heart of Ashton-under-Lyne, it offers easy access to local amenities and transport links, including the Metrolink Tram, making it attractive to both tenants and commercial clients. With an impressive ROI of 11.8% and an EPC rating of C, indicating good energy efficiency, this property represents a rare investment opportunity with potential to increase rental income.