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6 bedroom block of apartments for sale
Stockton Road, Manchester, Greater Manchester, M21
£575,000
Stockton Road, Manchester, Greater Manchester, M21
£575,000
Our Summary
- Freehold Block | 3 x 2-Bed Flats | Prime Chorlton Location | Fully Let | £43,200 Current Annual Income | £50,400 Market Potential National Residential are delighted to present this exceptional investment opportunity - a freehold residential building comprising three self-contained 2-bedroom flats, superbly located in the heart of Chorlton, Manchester (M21)
- Location Highlights: * Minutes from Beech Road - boutique shops, bars, cafes, restaurants * Close to Barlow Moor Road & Wilbraham Road transport links * Easy access to Manchester International Airport and the City Centre * Excellent schools nearby, including Brookburn Primary catchment * Chorlton Ees Nature Reserve and Ivy Green - ideal for recreation * Popular with professionals, families, and long-term tenants alike The combination of top-tier location, strong rental demand, and potential to increase income makes this block a standout investment in Chorlton
- Summary: * Freehold block of 3 flats * Fully let - £43,200 pa income * Potential to increase to £50,400 pa * Council Tax Band A - low costs for tenants * Excellent condition, minimal management required * Strong rental demand in prime Manchester location This is a rare opportunity to secure a high-yielding, well-maintained investment property in one of Manchester's most desirable rental areas
- With excellent potential and strong long-term growth prospects, this block will not be available for long
- Excellent Investment Opportunity
Description
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Here is a summary of the property description in a single paragraph:
This freehold block of three self-contained 2-bedroom flats is located in the heart of Chorlton, Manchester, and is fully let, generating a current annual income of £43,200. The property is situated on Beech Road, known for its vibrant mix of shops, cafes, bars, and restaurants, making it an attractive location for high-quality tenants. The block has a strong potential to increase income to £50,400 per annum, and with no ground rent or service charges, it offers a lucrative investment opportunity. The property is in excellent condition, with all flats having a separate living room, kitchen, bathroom, and two bedrooms, and benefits from a shared main entrance, enclosed rear garden, and spacious basement storage. With its prime location, strong rental demand, and potential for growth, this block is a standout investment in Chorlton.