Property description
Ideal Investment Opportunity to purchase 5 Student pods at £87,000. Situated in the quiet residential neighbourhood of Alexandra Park and is only 10 minutes from the Manchester universities.
Seller open to offers on individual pods - £18,500 each
145 years on the leases remaining, with a ground rent of £200 per unit.
100 % occupancy. A new management company is in place with a highly experienced lettings manager with a proven history of maximising occupancy.
On completion of sale all that is required is for the buyer to inform the management company and the freeholder of the sale. The seller can assist the buyer in that.
£1,500 non refundable deposit required to be held by the seller`s solicitor until completion of sale (this is standard practice with developers).
All units are currently tenanted and achieving a rent of £80 per week.
NoticePlease note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Property Features :
- 90,000+ Student Population
- BMV Student Accomodation
- Annual Miantenance Costs Include Water, Gas, Electric and Wifi
- On Site Parking At Extra Cost
- 24hr On Site Management
- Spacious Shared Recreation Area
- On Site laundry Facilities and Bike Store
- Mature Gardens and Leafy Surroundings