**Standout Features:**
- Prime development opportunity with scope for improvements.
- Twelve apartments over four houses.
- Potential to convert unconverted cellars into four additional two-bedroom apartments.
- Approved planning permission granted.
- Total area of approximately 9,577 sq. ft. with significant investment potential.
- Currently generating a rental income of £107,316 annually.
- Convenient location in the heart of Sale, close to schools, parks, and transport links.
This exceptional freehold property boasts a unique investment opportunity, featuring four three-storey Victorian houses converted into twelve spacious apartments. Currently fully let, the properties are yielding a robust annual rental income of £107,316, with the potential for increased revenue through upgrades and the conversion of full-footprint cellars into four additional two-bedroom apartments, thanks to approved planning permissions.
Spanning approximately 9,577 sq. ft., this development is ideal for experienced investors looking to enhance their portfolio in a prime location, close to local amenities and reputable schools with outstanding ratings. The current arrangement includes six two-bedroom and six one-bedroom apartments, each designed for comfort and functionality.
The properties are chain-free and come with ample off-street parking, adding to their appeal. With exceptional broadband speeds and excellent mobile signal, this investment combines convenience and potential for growth. Don’t miss out on the chance to acquire such a promising development that’s not only a financial opportunity but a future-proof asset in a thriving community!
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