Block of flats for sale My Street, Salford M5

£1,300,000

Key info

  • Status: For sale
  • Type: Block of flats
  • Area: My Street, Salford, Greater Manchester

Price changes

£1,300,000 11 months ago

Full description

This impressive Freehold Portfolio Property comprises of 8 Apartments producing approx.. £96,000 pa with individual leases of approx.. 125 years and with a Plot Size of approx. 5663 Sqft. The property is in a prime location within proximity of Salford Quays and the employment hub Media City and City centre itself. The portfolio is in the area where the Media City is set to double in size and scope by 2030 driving further demand to the area for investment and increasing both rental and property values with the improvements to the infrastructure with excellent bars, restaurants, shops in Manchester City Centre which is approx.. 5 minute journey on the local tram and the Business district in Spinningfields is approx.. 8 minute trip.The Freehold land and building has great scope to extend subject to planning consents but may give an opportunity to extend into the loft/roof space and basement areas including another option of a complete redevelopment of the site to add additional floors and individual apartments.5x 1 bedroom apartments3x 2 bedroom 2 bathroom apartments

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