Sorry, there are few recent rental listings in proximity to this property.
5 Bedroom properties in "M41" are mostly listed between £1,520 - £1,905 based on the 1 recent listings found.
These figures should only be used as a guide, always get a rental assessment from a professional.
Description
Floor Plan
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Last Updated: 17th April 2024
Description
A brilliant opportunity to purchase a pair of victorian semi detached properties with large gardens now converted into a block of SIX individual apartments; six good sized one bedroom apartments within a single development close to Urmston Town Centre The development is fully let with tenants on assured shorthold tenancy agreements and generates over £53,000 a year rental income. The development holds superb potential to increase the capital value, with the modernisation of the apartments and selling individually or equally increase the rental values accordingly after renovation, thus increasing the yield to an even more attractive level.
Agent Details
Trading Places
42, Flixton Road, Manchester, M41 5AB
Show Contact Number
0161 747 0022
Investment Analysis
Annual Rent:
£22,740
Annual Mortgage Interest:
£13,499
Annual Costs:
£1,300
Net Profit:
£7,941
ROCI:
3%
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