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Park House 5 Acres Ln 12 Unit Apartment Building £1,800,000 (£150,000/Unit) Stalybridge SK15 2JR
Investment Highlights
- 12 recently refurbished one-bedroom apartments
- Large car park including 16 spaces
- Current passing rent of £135,392.90 per annum
- Self-contained block extending over two storeys
- Single let on FRI terms to Inicio Group Ltd
- CPI linked rent review with a 1% collar/3% cap
Executive Summary
Park House is an 'L' shaped building arranged over two storeys and is of traditional masonry construction beneath a flat roof. The property comprises 12 self-contained one-bedroom apartments, arranged as six apartments on each floor. Each apartment has been refurbished to a good modern standard of accommodation with new white bathroom suites and new fully fitted kitchens. The property includes a large car park with 16 spaces.
Property Facts
| Price | £1,800,000 | Costar Property Class | B |
| Price Per Unit | £150,000 | Total Plot Size | 8,000.00 ac |
| Sale Type | Investment | Property Size | 7,000 sq ft |
| Tenure | Freehold | No. Floors | 2 |
| No. Units | 12 | Year Built | 1974 |
| Property Type | Build-to-Rent | Tenancy | Single |
| Property Subtype | Apartment | Parking Allocation | 2.29/1,000 sq ft |
| Apartment Style | Low-Rise |
| Price | £1,800,000 |
| Price Per Unit | £150,000 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Units | 12 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | B |
| Total Plot Size | 8,000.00 ac |
| Property Size | 7,000 sq ft |
| No. Floors | 2 |
| Year Built | 1974 |
| Tenancy | Single |
| Parking Allocation | 2.29/1,000 sq ft |
Amenities
- Smoke Detector
Unit Amenities
- Dishwasher
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Satellite TV
- Wi-Fi
- Yard
- Dining Room
- Intercom
- Smoke Free
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Park House | 5 Acres Ln
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