BMV Flip / BTL Opportunity
About this property
High Street, Atherton, M46 9DR
Purchase Price: £120,000
Market Value: £165,000
Approx. 27.27% BMV
2 Bed End Terrace
Approx. 72 sqm
848 Year Lease
Peppercorn Ground Rent
Vacant Possession
Refurb Estimate: £10,000
(New kitchen, cosmetic refurbishment, flooring, decoration and uplift throughout)
Rental Expectation: £900 PCM
Gross Yield: 6.55%
Please note: one of the sold comparables has been flagged as a non-standard transaction / possible buy-to-let transfer, so we have sense-checked pricing against multiple sold and active comparables nearby.
Accommodation comprises:
Ground floor living room, dining room and kitchen.
First floor with two bedrooms and additional reception / lounge space offering flexible layout potential.
Great location with walking distance to local amenities, bars, restaurants and transport links.
Approx. 45 minutes into Manchester City Centre.
Strong option for an investor looking for a light refurb flip or long-term BRR opportunity in a solid rental area.
DM me if interested.
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.