Discover an excellent investment opportunity in a desirable area of Greater Manchester, offering a strong rental yield of 6.1% and potential capital appreciation of 25% by 2029. This 3-bedroom property requires minimal refurbishment, with estimated costs under £5,000 for new carpets and painting upstairs, making it an ideal ready-to-go investment.

Key Features:
- Located in a sought-after area with excellent transport links to Manchester and Stockport.
- Spacious 3-bedroom layout, perfect for families or professionals.
- Double glazing and energy-efficient potential with an EPC rating upgrade from D (64) to B (88).
- High-speed broadband availability adds tenant appeal.

Investment Highlights:
- Situated in a charming and family-friendly area of Greater Manchester, benefiting from ongoing infrastructure improvements and strong demand.
- Based on historical trends and local market performance, this property offers both immediate rental returns and long-term equity growth.
- Comparable refurbished properties have sold for up to £237,000, indicating strong market support for the GDV.

The Financials:
▪ Purchase price: £235,000
▪ Estimated monthly rent: £1,200
▪ Gross yield: 6%
▪ Total investment required: £92,746
▪ Projected capital growth: 25% by 2029, increasing property value to approximately £293,750
▪ Annual profit (Net): £3,254
▪ ROI: 3.5%

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.