8 bedroom house for sale

Overview

A pathway leading along the side of the property opens into the impressive shared gardens with a large expanse of lawn extending over 110ft

A MAGNIFICENT VICTORIAN SEMI-DETACHED property which has been CONVERTED INTO EIGHT INDIVIDUAL STUDIO AND ONE BEDROOM APARTMENTS and occupying an overall plot of 0.15 of an acre. Generating a yearly rental income of £68,220 resulting in an APPROXIMATE GROSS YIELD of 5.9%. This fine period property is located on a prestigious cul-de-sac within strolling distance to West Didsbury Village and trendy Burton Road. 3527 Sq Ft. This magnificent Victorian Cheshire interlocking semi-detached property has been converted into eight individual apartments, and offers accommodation over four floors, including a basement conversion. The apartments are well-presented throughout and this property represents a blue chip investment. Each of the apartments are currently let out on Assured shorthold tenancies, generating a combined yearly income of £68,220 representing a Yield of 5.9% An internal inspection will reveal; Ground floor Apartment 1 (Studio) achieving a rental income of £695 pcm Apartment 2 (One bedroom duplex apartment) - achieving a rental income of £795 pcmApartment 3 (One bedroom duplex apartment) - achieving a rental income of £720 pcmFirst Floor Apartment 4 (One bedroom apartment) - achieving a rental income of £775pcmApartment 5 (Studio apartment) - achieving a rental income of £600 pcmSecond Floor Apartment 6 (One bedroom apartment) - achieving a rental income of £675 pcmApartment 7 (One bedroom apartment) - achieving a rental income of £775pcmLower Ground FloorApartment 8 (One bedroom apartment accessed via a private entrance to the rear of the building) - achieving a rental income of £650 pcm. Externally, the property is approached via a tarmac driveway which returns across the width of the frontage, providing off road parking. A pathway leading along the side of the property opens into the impressive shared gardens with a large expanse of lawn extending over 110ft. There is also a timber bike store. For more details and to contact: https://realtyww.info/houses_didsbury-d536497/for-sale_i70205729

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