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Property ID: 216427545
Offers Over
£185,000
Location
Harry Rowley Close, Manchester
Size
614
Tenure
Freehold
Bedrooms
2
Type of property
Semi-Detached
Current Yield
5.7%
Monthly Income
£875
Property Information

Our latest listing is a 2 bedroom semi-detached house located in Manchester. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.


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


This well-kept home features 2 bedrooms, lounge, kitchen, bathroom and rear garden space.


Investment details


It currently produces an annual gross income of £10,500 which could be increased by the new owner to a market rate of £11,160 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.


For greater detail on this property's investment potential, please see the Let Property Pack linked below.


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 the duration of their stay. They do not have any intentions to move out so hope to remain in the property.


Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers 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
£875
Cashflow p/m
875
Current Yield
null%
Based on potential rent of
£930
Cashflow p/m
930
Potential Yield
null%
Monthly Income
£875 pcm
Potential Rent
£930 pcm
Length of Tenancy
2 years+
Tenant Means of Funding
SELF_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Freehold
Est. Insurance Costs
unknown
Factor Fees
-
Factor Name
unknown
Total Estimated Costs
unknown
Not available for this property
Not available for this property
Not available for this property
0
Running Costs
Ground Rent
Freehold
Est. Insurance Costs
unknown
Factor Fees
-
Factor Name
unknown
Total Estimated Costs
unknown