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

Manchester: 10.1% net yield guaranteed for 5 years

Manchester: 10.1% net yield guaranteed for 5 years

£94,700

  • No voids for the next 5 year years
  • This area is primed to appreciate over the coming years
  • Guaranteed fixed rent for the next 60 months through a Government backed scheme

Description

investment property in manchester

This 4 bed mid terrace is in a fair condition, but does require a partial refurbishment to make it habitable.

An estimated £4,700 will be required for the refurbishment works in addition to an acquisition price of £90,000 – meaning a total maximum outlay of £94,700.

We have managed to secure a net income of £795 per month on this property over a 5 year period as a government backed asylum seeker property investment meaning a total net income per year of £9,540. Taking into account an estimated 10% to manage the property, the net result is a 10.1%  net yield against cash invested.

Property Description

From the entrance hall is a dining room with sliding doors to the front lounge. To the rear is a fully fitted kitchen and under stairs storage. To the first floor are two double bedrooms and a fitted shower room. The property has gas central heating, uPVC double glazing throughout, front garden and rear yard.

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.

*** If you are a new client, please read the general introduction to this type of investment. ***

Additional information

Bedrooms

4

Heating

Gas central heating

Size

89m2

Tenure

Freehold

Other

Double glazing, GCH, Carpeted in most areas

Pages

Contact Us

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

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