>
6 bed block of flats
Mossley Road, Ashton-Under-Lyne OL6
£330,000
Mossley Road, Ashton-Under-Lyne OL6
£330,000
Our Summary
- Located on the desirable Mossley Road in Ashton-Under-Lyne, this impressive block of four self-contained flats offers a remarkable investment opportunity
- Additionally, there is potential to increase the rent on existing tenants and rent out the vacant flat at market rates, with an estimated rental value (erv) of £35,800
- Ideal investment opportunity
Description
This impressive block of four self-contained flats on Mossley Road in Ashton-Under-Lyne presents a remarkable investment opportunity. The property features two spacious two-bedroom flats and two one-bedroom flats, ideal for families or groups, with a total of six bedrooms and four bathrooms. The flats are designed to create a welcoming atmosphere, with well-proportioned reception rooms and ample space for relaxation and entertaining. The location is particularly advantageous, with easy access to local amenities, schools, and transport links, making it an attractive option for both tenants and homeowners. Currently, three of the four flats are tenanted, generating an annual rental income of £22,200, with potential to increase the rent on existing tenants and rent out the vacant flat at market rates. This property offers a comfortable living environment and a lucrative opportunity for investors looking to expand their portfolios in a sought-after area.