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

Manchester: 9.23% net yield guaranteed for 6 years+

Manchester: 9.23% net yield guaranteed for 6 years+

£70,000

  • Large rear garden
  • Three bedrooms
  • Gas central heating
  • Fully double glazed

Description

Asylum investment salfordThis mid terrace 3 bed house house requires some degree of refurbishment to bring it back to habitable condition. At an estimated cost of £10,000 for the refurbishment and an acquisition cost, of £68,000 the total outlay is £78,000.

We have managed to secure a net income of £600 per month on this property over a 6 year period as a government backed asylum seeker property investment. The total income per year is £7,200 giving a 9.23% net yield.

Listed at £70,000, we believe that the property can be acquired for circa £68,000. This property is located in a residential part of town with easy access to the town centre. Located nearby are primary and high schools.

As an aside, properties in this area which are in reasonable to good condition are being marketed for £85,000 plus , meaning the client has an option of exiting the investment with a good uplift in value in the current market

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

Three

Heating

Gas central heating

Size

102m2

Tenure

Long leasehold

Other

Some double glazing

Contact Us

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

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