A Block of 3 Residential 2 Bedroom Flat each, located in Manchester with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord. For investors looking for a rewarding investment, this is a brilliant opportunity!
The properties feature lounges, a modern kitchen, a bathroom, and fantastic local transport links throughout.
61 Pulse Development, Manchester Street, Off Stretford Road, Manchester, M16 9GZ Fully furnished Leasehold - 125 years from 01/01/2008 Rent £925 PCM Annual Ground rent-£500 Annual Service charge-£2774
121 Pulse Development, Manchester Street, Off Stretford Road,, Manchester, M16 9GZ Fully Furnished Leasehold - 125 years from 01/01/2008 Rent £1200 PCM Annual Ground rent-£500 Annual Service charge-£2774
141Pulse Development, Manchester Street, Off Stretford Road,, Manchester, M16 9GZ Fully furnished Leasehold - 125 years from 01/01/2008 Rent £900 PCM Annual Ground rent-£500 Annual Service charge-£2774
Investment details The properties currently produce an annual gross income of £36,300 which could be increased by the new owner to a market rate of £37,200 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio. For greater details on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us.
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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