ROI = 5% BMV = 0.0%
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Description
A CONTEMPORARY DEVELOPMENT consisting of SEVEN LUXURY APARTMENTS and a COMMERCIAL GROUND FLOOR UNIT, located within THE HEART of WITHINGTON VILLAGE. The property is a short stroll to fashionable Burton Road and West Didsbury village. Generating a yearly income of £91,587 representing a Yield of 6.5%. OFFERED FOR SALE TO CASH BUYERS AND EXPERIENCED INVESTORS ONLY. The ‘Parsons House’ Development consists of four studio apartments, two x one bedroom apartment and one x two bedroom Penthouse apartment. The apartments are all fitted with high specification fixtures and fittings with stylish kitchens and served by contemporary shower rooms. Apartments one, two four and six also benefit from balcony and The Penthouse boasts a spacious walk-out sun terrace to the rear of the apartment. Each of the apartments and the Commercial ground floor unit are currently let out., generating a combined yearly income of £90,396 representing a Yield of 6% Ground Floor - Commercial Unit (A3/A4/A5) Approx. 743 Sq Ft - EPC Rating 41B First Floor - 1, 2 & 3 (two studio apartments & 1 x One bedroom apartment) Second Floor Floor - 4,5 & 6 (two studio apartments & 1 x One bedroom apartment) Penthouse - Two bedroom apartment with walk out sun terrace The property is accessed via and entry intercom and has a lift rising to all floors.
Find out MoreProperty Details
- Property ID: 149031338
- Added On: 2024-07-04
- Deal Type: For Sale
- Property Price: £1,395,000
- Bedrooms: 8
- Bathrooms: 1.00
Amenities
- Investment Opportunity
- Freehold
- Seven Apartments
- Ground Floor Commercial Unit
- Penthouse Apartment with Walk Out Sun Terrace
- Fully Tenanted
- Commercial Use A3/A4/A5
- 3002 Approx Total Sq Ft
