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45 bed block of flats
Stockport Road, Ashton-Under-Lyne OL7
£5,000,000
Stockport Road, Ashton-Under-Lyne OL7
£5,000,000
Our Summary
- Freehold Property for Sale: 43 Residential Flats | Prime Investment Opportunity
- This is a rare investment opportunity to acquire a fully leased residential block with a guaranteed income stream
Description
This freehold property for sale offers a prime investment opportunity, comprising 43 modern residential flats in a fully serviced development. The property is fully leased to a well-established housing association, providing a guaranteed net annual rental income of £400,000. The secure lease agreement with a strong covenant ensures a steady return for investors. Located in a highly desirable area with excellent transport links, local amenities, and schools, the property benefits from high demand for affordable housing, ensuring long-term stability. With completion anticipated next year, investors can secure an excellent return on investment upon project finalization, making this a rare and attractive opportunity.