6 Bed Flat For Sale Whitelake Avenue, Manchester, M41

£899,950- Flat

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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

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Calculators

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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