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£6,000,000

(£250.00/sq. ft)

Block of flats for sale
Kenyon Lane, Manchester M40

    • 24,000 sq. ft

Added on 01/10/2025

About this property

  • Extensively renovated former care home

  • 24 apartments in total

  • High security throughout

  • Resident parking provision

  • Excellent cycle facilities

  • Large landscaped grounds and gardens

  • Projected gross rental income of £500,000+ per annum when fully let

  • Strategic North Manchester location

Positioned just 3.2 miles north-east of Manchester city centre, 130 Kenyon Lane offers an exceptional investment opportunity in a prime and well-connected location. Formerly Oakland Care Home, the property has undergone an extensive transformation into a high-quality residential development comprising 24 self-contained apartments.

The scheme has been completed to Secure by Design standards as accredited by the police, ensuring a safe and secure environment for residents. Apartments are presented in a range of sizes - 5 x one-bedroom, 17 x two-bedroom, and 2 x three-bedroom units - designed to meet strong rental demand from professionals, couples, and families.

Set within generous landscaped grounds, the development offers private resident amenities including 24 car parking spaces (with 4 EV charging bays) and 46 secure cycle parking spaces. The green setting provides an attractive lifestyle environment rarely found so close to Manchester city centre.

When fully let, Oakland Apartments is projected to generate in excess of £500,000 gross rental income per year, offering both immediate income potential and long-term capital growth prospects. With nearby rental comparables supporting strong values across the region, the property is competitively positioned within Manchester’s fast-growing residential investment market.

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Monthly repayment

£30,014 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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