Acre House, Sale Town centre

For Sale Via Online Auction. Fee's Apply. Opportunity to acquire a portfolio of six residential apartments in Sale Town Centre, comprising 2 x one-bedroom units and 4 x two-bedroom. Four apartments consist of 2 bedrooms, however 3 of these two bedroom apartments have 2 bathrooms, the other apartments all have 1 bathroom. The portfolio is fully income producing with the following rental profile: 1 bedroom apartments: £900 pcm 2 bedroom apartments: £1,100 pcm This generates a total annual income of £74,400. Based on the advertised guide price, the gross yield would be approximately 11.3%. All apartments benefit from allocated parking and integrated appliances included within the purchase price, enhancing tenant appeal and supporting long-term occupancy. Each unit comprises: Open plan living, dining and kitchen area Storage/utility space Integrated appliances throughout Modern specification The two bedroom units offer: Two double bedrooms Two bathrooms (including en-suite) - There are 4 flats with 2 beds, but only 3 with 2 baths, the other 1 flat has 1 bathroom. The one bedroom units comprise: One double bedroom One bathroom Additional Information: Ground rent: - £250 per unit, per year Service charge: - Currently two beds have an approx service charge of £4000 annual and one bed approx £2500 annually. Located within a well-established rental area, the portfolio benefits from strong tenant demand, excellent transport links and proximity to local amenities. A scalable, income-producing opportunity suitable for both individual investors and those seeking to expand an existing portfolio. Council Tax Band: C (Trafford council) Tenure: Leasehold - Lease is 150 years from 23 December 2015 (139 years left approx) Ground Rent: £250 per year