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Substantial Residential Investment of 10 Self Contained Flats Producing Approximately £55,140pa
Substantial residential investment opportunity of 10 self contained flats situated within a converted pair of semi-detached properties which sit on a substantial plot offering on-site parking and amenity space to the front and rear. The flats are currently fully let and produce a rental of £55,140 pa with individual rents ranging from £350 - £600 pcm. Internally the properties briefly comprise the following:
See Legal Pack
14 Osborne Road
Ground Floor: Flat 1 – Bedroom, lounge/kitchen and bathroom First Floor: Flat 2 - Studio - Bedroom, kitchen and bathroom Flat 3 - Studio - Bedroom, kitchen and bathroom Second Floor: Flat 4 - Bedroom, lounge/kitchen and bathroom Basement: Flat - Two bedrooms, lounge/kitchen and bathroom
16 Osborne Road
Ground Floor: Flat 1 - Bedroom, lounge/kitchen and bathroom First Floor: Flat 2 - Studio - bedroom, kitchen and bathroom Flat 3 - Studio - bedroom, kitchen and bathroom Second Floor: Flat 4 - Bedroom, lounge/kitchen and bathroom Basement: Flat – Two bedrooms, lounge/kitchen and barhroom
The properties are situated on the northerly side of Osborne Road close to Levenshulme centre and approximately 4 miles south of Manchester City Centre. A tenancy schedule will be provided within the legal pack.
Energy Efficiency Rating (EPC)
Current Rating D, D, D, D, C, D, C, C, D, D
Manchester City Council
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.