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School Road, Sale M33 2 bed property for sale
School Road, Sale, M33 - 2 mixed-use Units (residential & commercial)
£500,000
School Road, Sale, M33 - 2 mixed-use Units (residential & commercial)
£500,000
Our Summary
- With its strong tenant demand, prominent position, and blend of commercial and residential accommodation, this is a standout investment opportunity in a thriving South Manchester town centre
- Auctioneers Additional Comments - Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
- This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auctionterms and overseen by the auctioneer in partnership with the marketing agent
- The property is being sold via a transparent online auction
- An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction
- Investment Opportunity
Description
This is a unique investment opportunity in the heart of Sale town centre, comprising a pair of mid-terraced, mixed-use properties. The property features two ground floor retail units, one with an extensive basement, and two self-contained residential flats above. The commercial units have prominent frontages onto pedestrianized School Road, ensuring excellent visibility and high footfall. The residential flats are generously proportioned, with one featuring a private rear courtyard. The property is currently fully let, producing a 6.4% yield, and offers investors immediate returns alongside long-term security. With its strong tenant demand, prime location, and blend of commercial and residential accommodation, this is a standout investment opportunity in a thriving South Manchester town centre.