Sourced Approved Investment

Tenanted 2-Bed Flat North West - Apartment

£ 170,000

Added: 01/05/2025

Profit pa£4,362

ROCE9%

Yield7%

Property description

Strategy: Buy to Let

Brilliant ready made investment opportunity. Tenanted, 2 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 smaller 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: £170,000
▪ Annual profit: £4,362
▪ GDV: £175,000
▪ ROCE: 9%
▪ Yield: 7%
▪ Annual rent: £12,600

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Sourced reference: 918827714375863

Disclaimer

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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Due diligence

No information supplied.

Sales Agent

Tony Berzins

T J Enterprises Ltd

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