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St Lukes Place
CNR Church & Miller Streets, Heywood, OL10 4LZ
6,456 Sq Ft / Other
Withdrawn - Last updated: 24 January 2025
Excellent self-contained income producing residential block
Superb opportunityExceptional local amenitiesPurpose built residential blockLow management costsStrong rental demandDescription
15 one bed apartments within a single block.
14/15 of the apartments are let on Assured Shorthold Tenancies with good interest in the remaining apartment.
The vendor has undergone a robust refurbishment process internally and externally since purchasing the unit.
Currently generating £67,092 of rental income per annum with an ERV of £71,892.
Efficiently managed with running costs for December 2015 to December 2016 totalling c £10,326 including; building insurance, letting fees and all associated maintenance costs.
A dedicated datasite with all the pertinent details is available upon request.
Viewings can be arranged upon request.
Location
CNR Church & Miller Streets, Heywood, OL10 4LZ, Lancashire, , North West
Situated within the established residential location of Heywood in North Manchester. The micro location benefits from an abundabce of amenity including, shops, bars and leisure facilities.
Regular bus links from Heywood to Rochdale link the scheme with the Greater Manchester Tram Network as well as Rochdale Train Station which provides services to both Leeds and Manchester City Centre.
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