May 15, 2019
NINE apartments within this detached property offering a 7% yield!
Currently on the market with Gascoigne Halman, Marple Bridge is this fantastic investment opportunity. This NINE bedroom property situated on the desirable Hollins Lane, Marple Bridge consists of nine one bedroom apartments offering a fantastic 7% yield! This property also offers fantastic development potential subject to the necessary planning permission.
The plot itself extends to approximately 0.3 acres and is offered with vacant possession. According to the selling agent the apartments have provided a gross rental income of £40,000 which could be improved further with some updating. The property also benefits from ample off road parking and is ideally situated close to Marple Bridge Village with transport links in to Manchester City Centre.