- Freehold apartment block +
- Seven apartments +
- Six one bedrooms, one three bedroom +
- Fully let, achieving £102,600 per annum +
- Popular location +
- Full images and layout of apartments available from local office +
Residential block investment opportunity! Seven apartments, fully let, and achieving in the region of £102,600 per annum.
Description
Savills are delighted to present this modern apartment block completed in February 2024. Comprising seven apartments, Mitford Road represents an excellent residential investment opportunity with all apartments fully tenanted, generating in the region of £102,600 rental income per annum.
Briefly, the apartment block comprises of six, one bedroom apartments, and one, three bedroom apartment to the top of the block. To the rear is an area for off-road parking for residents also.
The property could represent an ideal turn key opportunity for the discerning investor, with a yield of 6.51% at the current guide price.
General disclaimer: Prospective buyers are advised to review all imagery/information for each apartment and satisfy themselves with internal inspections on all apartments. Full images and layout of apartments available from local office. Photographs taken June 2025.
Location
The property sits in a highly sought after location, with excellent proximity to Manchester city centre (circa 4m).
Platt Fields Park and other green spaces are also close by (circa 1m), offering leafy outdoor settings for recreation, exercise and relaxation.
Mauldeth Road railway station is approximately 0.5 miles away providing regular services into Manchester Piccadilly and beyond, whilst numerous bus stops on Wilmslow Road (circa 0.5m) and nearby streets offer frequent routes into the city centre and wider Greater Manchester.
Airport links are also strong with Manchester Airport situated around 7.6m distance, accessible by regular train and bus services.
Sports and entertainment are also within convenient reach. Old Trafford Stadium is about 5 miles away for Premier League football fixtures and events, whilst Etihad Stadium sits at approximately 6 miles for Manchester City matches and major concerts.
Please note all distances quoted are approximate.
Additional Info
Bedrooms
Apartments 1 - 6: 1 Bedroom apartments
Apartment 7: 3 Bedroom apartment