£ 180,000
Added: 01/05/2025
Profit pa£4,999
ROCE10%
Yield7%
Strategy: Buy to Let
Brilliant ready made investment opportunity. Tenanted, two double bedroom, large bathroom flat with parking space. South Manchester location in very high rental demand area. Close to excellent motorway, rail and metro transport links and with a large NHS trust and short commute to the city centre ensures demand and correspondingly high rental rates.
This flat is the larger of a set of 3 - all in the same block - all ready to go. The investor would prefer all 3 to go in one transaction - but may split for the right buyer. Give me a call for more details on this ready made investment opportunity.
The financials
▪ Purchase price: £180,000
▪ Annual profit: £4,999
▪ GDV: £190,000
▪ ROCE: 10%
▪ Yield: 7%
▪ Annual rent: £13,800
Sourced reference: 674719131433439
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.
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