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Sponsored Get a Survey — free quotes via ReallyMoving
House
Gorton Lane, Manchester
£1,000,000
Next Steps
Sponsored — free quotes via ReallyMoving
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Price History
Initial price £100,000
Current price £1,000,000
Price Change 0.0%
Our Summary
- We are delighted to present this investment opportunity, ideally situated in the bustling heart of Manchester
- As a listed Commercial Sale, this represents an advantageous investment opportunity to tap into Manchester’s burgeoning rental market
- Adding further allure to this prime investment opportunity are the consistently high occupancy rates, ensuring a steady income flow for the prospective owner
- Given the property's robust condition, and the potential for steady yield, it is certain to be a desirable addition to any investment portfolio
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Description
The property is a commercial premises with 6 self-contained apartments upstairs, each with a bathroom. The commercial unit is available for rent at £3,000 per calendar month. The apartments are all 1-bedroom units, and each has a different rental income per month: Flat 1 (£1,100), Flat 2 (£775), Flat 3 (£775), Flat 4 (£1,000), Flat 5 (£1,125), and Flat 6 (£1,100).
The total annual rental income from the apartments is £106,500.