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Property ID: 214714906
Offers Over
£85,000
Location
Taylorson St South, , M5 3FN
Size
700
Tenure
Leasehold
Bedrooms
Studio
Type of property
Flat
Current Yield
11.3%
Monthly Income
£795
Property Information

Our latest listing is a studio Flat in Manchester. It is near valuable amenities, can generate rewarding rental returns, and has a tenant currently residing there.


For investors looking to expand their portfolio, this is a fantastic opportunity!


This well-kept home features a studio Flat , a bathroom, a lounge, and a kitchen.


Investment details


It currently produces an annual gross income of £9,540 which the new owner could increase to a market rate of £14,280 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.


Please see the Let Property Pack linked below for greater details on this property's investment potential.


If you are interested, please call us.


Tenancy Details


The current tenants have lived in the property for several years and have consistently paid their rent for their stay. They do not intend to move out so they hope to remain in the property.


Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties to the sale, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Letting Agency Fees
Ownership CostsWhat are these?
Calculated Returns
Paisley benefits from an average of 4.5% capital growth. Learn more
Purchase Costs
Based on monthly income of
£795
Cashflow p/m
795
Current Yield
null%
Based on potential rent of
£1,190
Cashflow p/m
1190
Potential Yield
null%
Monthly Income
£795 pcm
Potential Rent
£1190 pcm
Length of Tenancy
Moved in within the last 2 years
Tenant Means of Funding
SELF_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
208
Factor Name
unknown
Total Estimated Costs
208
Not available for this property
Not available for this property
Not available for this property
0
Running Costs
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
208
Factor Name
unknown
Total Estimated Costs
208