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20 bedroom apartment for sale
Apartment Block Portfolio, West Didsbury/sale, M20
£2,700,000
Apartment Block Portfolio, West Didsbury/sale, M20
£2,700,000
Our Summary
- 62 with OPPORTUNITY FOR FURTHER DEVELOPMENT and SCOPE TO MAXIMISE YOUR RETURN
- Potential to increase returns with renovation and improvements
Description
This fantastic opportunity presents a portfolio of 20 apartments, arranged over five apartment blocks in popular locations within West Didsbury and Sale. The properties, which are partially let, generate a yearly rental income of £166,099.62, offering a significant return on investment. The portfolio consists of five period properties, converted into apartments, with unconverted cellars providing scope for further development. The properties are a mix of one, two, and studio apartments, with a range of EPC ratings. The majority of the apartments are currently let, with some vacant apartments offering the opportunity to increase the rental income. The portfolio presents a fantastic chance to acquire a substantial investment property with potential for growth and maximization of returns.