UK Property Investments Since 2006
Contact us: +44 (0)20 3603 8903

Bury: 10.0% net yield guaranteed for 5 years

Bury: 10.0% net yield guaranteed for 5 years

£84,000

  • Close to Shops, Metro, Bus Routes and Schools
  • Gas central heating
  • UPVC double glazing

Description

asylum seeker investment bury

This mid terrace 2 bed property is in a fair condition, but does require a partial refurbishment to make it habitable.

An estimated £7,500 to £9,000 will be required for the refurbishment works in addition to an acquisition price of £75,000 – meaning a total maximum outlay of £84,000.

We have managed to secure a net income of £700 per month on this property over a 5 year period as a government backed asylum seeker property investment. The total net income per year is £8,400 giving a 10.0%  net yield against cash invested.

Property Description

The property briefly an entrance porch, entrance hall, lounge, dining room, kitchen and side porch. To the first floor two bedrooms and a bathroom. The property further benefits from a gas central heating system, double glazed windows and yard to the rear. It is located in a popular location just a short walk from Bury town centre and tram links to Manchester, shops and schools near-by.

As an aside, properties in this area which are in a good condition are being marketed for £95,000 to £100,000, meaning the client has an option of exiting the investment with a good uplift in value.

Images

Location

What to do next?

Interested? If you are a current client, please forward your latest proof of funds to your account manager with this property detailed in the message. if you are looking to come on board as a new client, then call us on 020 3603 8903 or send us an email for more information.

Additional information

Bedrooms

2

Heating

Gas central heating

Size

82m2

Tenure

Freehold

Other

Some double glazing, Laminated in areas

Pages

Contact Us

26 York Street
London
W1U 6PZ
Tel: +44 (0) 20 3603 8903

Be the first to receive repossessions, student investments & off-market deals