This property has been taken off the market.

3 Bed Semi-Detached House For Sale Vernon Road, Stockport, SK6

£163,000- Semi-detached

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Last Updated: 24th March 2024

Description

Our latest listing is a 3 bedroom semi detached house located in Stockport. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.\r
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For investors looking to expand their portfolio, this is a fantastic opportunity!\r
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This well-kept home features 3 bedrooms, lounge, kitchen, bathroom, garden grounds, and allocated parking space.\r
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Investment details\r
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It currently produces an annual gross income of £9,000 which could be increased by the new owner to a market rate of £15,600 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.\r
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For greater detail on this property's investment potential, please see the Let Property Pack linked below.\r
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Tenancy Details\r
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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.\r
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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.
Agent Details
Let Property Sales & Management
91 Mitchell Street, Glasgow, G1 3LN

Investment Analysis

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Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested