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For Sale£400,000.00


Property type: Residential
Tenure: For Sale Freehold
Price: £400,000.00
Location: 5-8 5 River View Court, Manchester Road, Ashton-under-lyne, OL5 9HE
Freehold apartment block for sale in this popular residential location within Mossley, close to the train station, shops, schools and amenities. With views of the Tame Valley, the portfolio consists of 4 x two bedroom self contained apartments with dedicated parking provisions. Current rental income of approximately £1817.50 pcm (£21,810 p.a.)
The apartments benefits from long established tenants all occupying the properties under a standard six month Assured Shorthold Tenancies from May 2016. The rent could be reviewed as they have not been increased for some time and they are two types being a mixture of single level first floor apartments with ground floor entrance and duplex type properties at ground and lower ground level. The properties were built approximately 2007.
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