Cozyhomes4u Ltd are Delighted to offer this Substantial Development Opportunity. " Maryfield Court" Comprises of Twenty Seven, Self Contained Apartments/ Studios all with Individual Lounge/ Kitchen and Bathroom Facilities and a Three Bedroom Property with access to the Main Building. There is also a Large Communal Hall with Separate Kitchen Facilities, Office and Store Room. The Property has the Potential to Produce a Fully Let Rental Income of Circa �200,000 per annum, providing an Excellent Return on Investment.
The Property is set within approx 0.8 acre of Landscaped Gardens with Secure Gated Entrance, CCTV and Secure Access.. There is also Off Road Parking for Approximately Eighteen Vehicles with potential for Overspill Vehicle Parking.
The Property was Built in the mid 80`s, and was previously a "Sheltered Housing Scheme".
In March 2015 the Property was Granted Planning Permission for a " Specialist Rehabilitation and Recovery Facility - Class 2" , Erection of Two, Two Storey Extensions, One with a Roof Terrace, One First Floor Extension and a First Floor Terrace and Associated Elevational Alterations in Connection with " Change Of Use" from " Sheltered Housing " to a Thirty Bedroom " Specialist Rehabilitation and Recovery Unit - Class 2"
For Further Details see Manchester City Council Planning Portal Planning Reference 107765/FO/2015/S1.
The Property has Excellent Development Potential and would be Suitable for a Variety of Uses subject to the Necessary Consents.
ENERGY EFFICIENCY RATING: AVAILABLE ON REQUEST
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