TO BE SOLD BY ONLINE AUCTION ON 27TH APRIL 2022 UNLESS SOLD PRIOR UNDER AUCTION TERMS. 195 Hurdsfield Road and Flats 1-5, 55 Lansdowne Street Tenanted mixed use investment comprising launderette and 5 self contained flats. Potential to extend covert further subject to permission.
The ground floor has a self contained flat with two rooms, kitchen and bathroom. The first floor has four flats, three laid out as studios with living/bedroom, separate kitchen/dining rooms and bathroom. The other flat has a lounge, kitchen, bedroom and bathroom. The property is tenanted unless otherwise specified. The combined gross income per year is circa £45,000 which nets down after costs to £41,000 or thereabouts. The full income details will be contained on line in the legal paperwork. EPCs are available on request. The flats have been let long term and rents are paid by virtue of housing benefits topped up by the tenants which we are advised are up to date. There is potential to increase the number of flats by possibly conversion of an integral garage and also extending across the detached garage at the rear subject to planning permission.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
