Acre House,, Sale Town centre

GBP 800,000
For Sale

Property Details

Bedrooms

2

Bathrooms

2

Property Type

Flat

Description

Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 2

Agent: Property Market Hub - Manchester Phone: 0161 937 3336

We are pleased to present an opportunity to acquire a portfolio of six residential apartments in Sale Town Centre, comprising 2 x one-bedroom units and 4 x two-bedroom, two-bathroom units.<br/><br/>The portfolio is fully income producing with the following rental profile:<br/><br/>1 bedroom apartments: £900 pcm<br/>2 bedroom, 2 bathroom apartments: £1,100 pcm<br/><br/>This generates a total annual income of £74,400.<br/><br/>Based on a guide price of £795,000, the portfolio delivers a gross yield of approximately 9.4%, positioning it as a strong yielding investment with immediate cash flow.<br/><br/>All apartments benefit from allocated parking and integrated appliances included within the purchase price, enhancing tenant appeal and supporting long-term occupancy.<br/><br/>Each unit comprises:<br/><br/>Open plan living, dining and kitchen area<br/>Storage/utility space<br/>Integrated appliances throughout<br/>Modern specification<br/><br/>The two bedroom units offer:<br/><br/>Two double bedrooms<br/>Two bathrooms (including en-suite)<br/><br/>The one bedroom units comprise:<br/><br/>One double bedroom<br/>One bathroom<br/>Additional Information<br/>Ground rent: £250 per unit, per year<br/>Service charge:<br/>1 bed units: £1,500 per year<br/>2 bed units: £2,400 per year<br/><br/>Located within a well-established rental area, the portfolio benefits from strong tenant demand, excellent transport links and proximity to local amenities.<br/><br/>A scalable, income-producing opportunity suitable for both individual investors and those seeking to expand an existing portfolio.<br/><br/>Council Tax Band: C (Trafford council)<br/>Tenure: Leasehold (250 years)<br/>Ground Rent: £250 per year<br/>Service Charge: £1,500 per year<br/>RESIDENTIAL INVESTMENT PORTFOLIO - 6 APARTMENTS<br/>Parking options: Residents<br/>

Location

Address

Acre House,, Sale Town centre

City

Sale Town centre

Features and Finishes

None

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