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Property ID: 211600766
Offers Over
£213,000
Location
Adelphi St, M3 6DZ
Size
603
Tenure
Leasehold
Bedrooms
2
Type of property
Flat
Current Yield
7.4%
Monthly Income
£1,300
Property Information

Our latest listing is a 2 bedroom Flat located in Manchester. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has tenants currently situated.


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


This well-kept home features two bedrooms, two bathrooms (including one ensuite), and a bright, open-plan lounge and modern kitchen. The property also benefits from underground parking.


Investment details


It currently produces an annual gross income of £15,600 with 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 months 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
£1,300
Cashflow p/m
1300
Current Yield
null%
Based on potential rent of
£1,300
Cashflow p/m
1300
Potential Yield
null%
Monthly Income
£1300 pcm
Potential Rent
£1300 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
725
Factor Name
unknown
Total Estimated Costs
725
Floor plans
floorplan
Not available for this property
Not available for this property
0
Running Costs
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
725
Factor Name
unknown
Total Estimated Costs
725