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60a Wood Road, Whalley Range , Manchester, M16 8BL

not specified / Other

Withdrawn - Last updated: 27 August 2014

Investment Opportunity. The property comprises a former childrens home built in 1997 that is now converted into 15 bedsit style apartments. There are communal toilets and bathrooms on each floor along with a pool room, television room, kitchen and laundry. Each of the 15 rooms are currently let on assured shorthold tenancy basis at circa £50 per week per room generating an annual income of circa £39,000 per annum. Many of the surrounding properties have been turned into high quality residential apartment schemes. This property may have long term development potential as residential or other suitable uses (subject to planning).


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