Property Information
Address:
50 Ash Tree Road, Manchester, M8 5SA
, M8 5SA
Price: Property no longer available.
Size: 1937 sq ft179 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH593714
Property Ref/Agent: 50 Ash Tree Road, Manchester, M8 5SA - 1250
*Please use the agent ref when calling the agent directly.
Property description
An excellent tenanted investment opportunity offered as a block of six flats. The property comprises six studio flats over three storeys with an approximate area of 180 sq/m (1937 sq/ft), net of staircases and landings. The current rental income is £31,920 per annum, representing a yield of approximately 8.74%.
The premises are presented in good condition, with each having had cosmetic work including new kitchens, decoration and carpets in 2017. The flats benefit from gas central heating. Ash Tree Road backs onto Crumpsall Park and is approximately 0.4 miles from Crumpsall Metrolink Station. Motorway access is approximately 2.2 miles away (M60, junction 19).
NB - photographs show flats 1 and 2.
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