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For Sale£1,100,000.00

2 - 4 Alness Road, Manchester, M16 8ET

Mixed Use, Mixed Use, Land, Other Property Types & Opportunities, Commercial Land , 7126 Sq Ft
Property type: Mixed Use, Mixed Use, Land, Other Property Types & Opportunities, Commercial Land
Tenure: Development Opportunity, Investment Opportunity, For Sale Freehold
Size: 7126 Sq Ft
Price: £1,100,000.00
Location: 2 - 4 Alness Road, Whalley Range, Manchester, M16 8ET
Rare opportunity to purchase an unbroken freehold interest residential investment comprising 9 apartments.

The investment is fully let, producing a total gross rental income of £70,440 per annum.

We are instructed to seek offers in excess of £1,100,000, subject to all existing tenancies, contract and exclusive of VAT. A purchase of this level reflects an attractive Gross Yield of 6.11% assuming Multiple Dwellings relief, and discount from VP in excess of 14.96%.
( Agency Pilot Software Ref: 2039126 )
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