This portfolio consists of five separate apartment blocks, totaling 20 residential units, strategically located in the desirable areas of Didsbury and Sale in South Manchester. For the first time in six decades, this collection is available for sale, presenting a compelling opportunity for investors looking to enhance their presence in these sought-after neighborhoods.
The portfolio features a mix of 15 apartments currently occupied under Assured Shorthold Tenancies (ASTs), three on Regulated Tenancies, and two vacant units. This diverse tenancy structure allows for immediate rental income generation while also highlighting potential upside through strategic upgrades or renovations. The current gross rental income stands at approximately £166,000 per annum, with significant room for improvement through refurbishment initiatives and proactive management strategies.
Didsbury's four apartment blocks are nestled within a vibrant community known for its lively village ambiance. The area boasts an array of amenities including excellent schools, boutique shops, and a variety of dining options ranging from cozy cafés to upscale restaurants. Additionally, residents benefit from efficient transport options such as the Metrolink system, which provides convenient access to Manchester city center and the airport. Nearby green spaces like Fletcher Moss Park further enhance the area's appeal, making it a consistent favorite among tenants.
The fifth block located on Sherwood Avenue in Sale complements this investment opportunity well. Sale is recognized for its outstanding educational institutions and engaging town center atmosphere. With solid transport links via both the Metrolink and motorway networks, it remains an attractive area for young professionals and families alike—factors that contribute to its strong rental market.
Overall, this property portfolio offers not only immediate revenue potential through existing leases but also significant opportunities for enhancement through redevelopment or redecoration. Investors keen on entering or expanding within these thriving markets will find substantial value here. For additional details regarding rental schedules and specific apartment information, interested parties are encouraged to reach out to Savills' Manchester office.
