Block of flats

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Block of flats

Hollinwood Avenue, Manchester M40
£510,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

Description

This portfolio of four flats in Manchester is a lucrative investment opportunity, with three of the properties currently generating a steady income from tenants and the fourth vacant and ready for renovation. The flats, each with two bedrooms, bathroom, lounge, and kitchen, are located in a city centre area with excellent local amenities and transport links. The current annual gross income is £24,600, but with some renovations, the new owner could increase this to £40,800, making it a worthwhile addition to an investor's portfolio. With a purchase price and potential for increased income, this property presents a brilliant opportunity for investors looking to grow their rental returns.
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