Commercial property for sale in 19 Old Lansdowne Road, Didsbury, Manchester, Greater Manchester M20, £650,000

650,000.00

Offer Nr.:
65519307
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
WT Gunson
Phone(s):
0161 937 6721

* Prime Didsbury location; close to Burton Road and West Didsbury Metrolink
* Unbroken block of 6 apartments - 3x 1 bedrooms, and 3x studios
* Fully let
* Freehold
* Annual income of £39, 360
* Opportunity to refurbish and improve rents
The property comprises a large Victorian semi - detached premises which has been
converted into 6 apartments. The property has had a small extension to the
front elevation and is UPVC double - glazed with gas central heating throughout.
Each apartment is sub - metered and has its own kitchen and bathroom.
The property is fully let to 6 individuals on Assured Shorthold Tenancies
(some on a part - furnished basis). The most recent letting (March 2023) is Flat
3, which is considered to be the market rent for a studio in the current
condition and forms the basis of the Estimated Rental Values overleaf.
We are advised that the flats generally let well and without a void. There is
also an opportunity to modernise and refurbish the accommodation which will in
turn improve demand and rental value for the apartments, should a purchaser
wish.
Please note we have been instructed to invite "best and final offers" by
5: 00pm on Tuesday 26th September 2023.

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