Just added
  1. Property photo 1 of 22 Cresswell Grove
  2. Property photo 2 of 22 Sherwood Avenue
  3. Property photo 3 of 22 Old Lansdowne

Guide price

£2,700,000

20 bed flat for sale
Apartment Block Portfolio, Manchester, Greater Manchester M20

    • 20 beds

    • 20 baths

    • 17 receptions

  • Freehold

Savills - Manchester

Logo of Savills - Manchester

About this property

  • 20 apartments across five apartment blocks

  • 4x located in Didsbury, 1x in Sale

  • Full particulars and rental schedule available

  • Excellent South Manchester locations

  • Significant asset management opportunity

  • Currently achieving circa £166kpa, scope to improve

Portfolio of five apartment blocks, comprising 20 apartments in total. Positioned across popular South Manchester locations, Didsbury & Sale.

Description
We are delighted to present a rare investment opportunity comprising five apartment blocks offered for sale for the first time in 60 years.

Collectively, the portfolio includes 20 apartments, offering a range of opportunities for the discerning investor.

The portfolio in brief consists of:

• 15 apartments let on Assured Shorthold Tenancies (ASTs)
• 3 apartments held on Regulated Tenancies
• 2 vacant apartments

There is clear scope to enhance rental income across the portfolio (currently achieving circa £166,000pa), with value-add opportunities through refurbishment/redecoration, redevelopment (subject to any relevant permission) and proactive asset management.

Four of the apartment blocks positioned on Old Lansdowne Road, Cresswell Grove, and Queenston Road are situated in the highly desirable suburb of Didsbury, South Manchester.

Didsbury is one of the region’s most sought after residential locations, renowned for its vibrant village atmosphere, excellent schools, boutique shops, and a wide selection of cafés, bars, and restaurants.

With strong transport links, including the Metrolink, direct access to Manchester city centre and the airport, and nearby green spaces such as Fletcher Moss Park, Didsbury offers an unrivalled lifestyle appeal that consistently drives tenant demand.

The fifth apartment block is located on Sherwood Avenue, Sale, another thriving and popular South Manchester suburb.

Sale is a highly coveted location, thanks to its outstanding schools, attractive parks, and thriving town centre. With excellent connectivity via the Metrolink and motorway network, coupled with a strong rental market and growing demand from young professionals and families alike, Sale continues to be a key hotspot for investment.

For full rental schedule and particulars, please contact the Savills Manchester office.

General:
Prospective buyers are advised to review all imagery/information for each apartment and satisfy themselves with internal inspections on all apartments.







Additional Info
Sherwood Avenue, M33 2AJ:
Epc's rated D - E
Council tax authority: Trafford
Council tax bands - A

Old Lansdowne, M20 2PA:
Epc's rated C - E
Council tax authority: Manchester
Council tax bands - A

Old Lansdowne, M20 2NZ:
Epc's rated C - D
Council tax authority: Manchester
Council tax bands - A - B

Cresswell Grove, M20 2NH:
Epc's rated D - F
Council tax authority: Manchester
Council tax bands - A - B

Queenston Road, M20 2WZ:
Epc's rated C - D
Council tax authority: Manchester
Council tax bands - A - C

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More information

  • Tenure

    Freehold

  • Council tax band

    A band has not yet been confirmed.

See all recent sales in M20

Property descriptions and related information displayed on this page are marketing materials provided by - Savills - Manchester. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Savills - Manchester for full details and further information.