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Student Unit - Manchester
BL1 1AQ, Bolton
£30,000
1 Unit
Purchase price
£30,000
Monthly income
£574
ROCE
13%
Gross yield
23%
About this property
BTL in Manchester - Student Unit
A great opportunity to acquire a high yielding student apartment in a popular location, featuring many conveniences and amenities within a short walk of the university.
Financials:
Purchase price = £30,000
Annual rent = £6,885
Gross yield = 23%
Net yield = 15%
ROCE = 13%
Please contact for further info.
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Assumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
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Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.