Acre House has over the years performed as one of Sale’s most highly sought after developments in the local rental market, with contemporary living accommodation and some of the best yields in the immediate area - As an investor the development is likely to serve you well.
We are excited to share an opportunity to grow your portfolio with anywhere from one to twenty-two units available for purchase. Subject to the number of units purchased an attractive gross yield between 6.8% to 7.2% is on offer. The current schedule has rents in the region of £850pcm to £950pcm and potential growth only enhances this opportunity. Within this portfolio there are apartments also available with parking at an additional cost.
Each unit comprises; an open plan living/dining room and kitchen, two double bedrooms and a modern bathroom suite with shower over bath. The development is accessed from Benbow Street and likewise for residents with parking, access can be granted from the elevated car park. Communal areas are secured with coded access and lifts provide access to each floor.
This particular advert is for the entire collection of twenty-two units, sold with tenants in situ. Rental Schedule can be found in the Investment Brochure.
Location:
Known as one of Greater Manchester's more laid-back suburbs, Sale is set beside the Bridgewater Canal. Following a most impressive regeneration over more recent years, Sale is the perfect blend of green space and cultural, foodie spots, making it a popular place for those who want to live close to the city, but don’t want to contend with urban living.
For those with families, Sale has over 15 primary schools, two secondary schools, and one grammar school. Notable schools in the area include Springfield Primary School, Brooklands, and St Joseph’s RC. There is also a regular bus service to schools in Altrincham like Loreto and St Ambrose Grammar Schools.
Being just five miles from Manchester’s city centre means that Sale enjoys good transport links. With access to Manchester’s Metrolink, with trams departing every 12 minutes or so, living in Sale means you’re within easy reach of Manchester city centre. Sale also benefits from plenty of regular bus services - but if you want to switch up your public transport, then try Sale’s water taxi that runs from Bridgewater canal into Manchester.