2 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- To be sold under auction terms
- Great buy to let investment
- Over 8% yield based on todays guide
- Potential for higher returns
- Great location
TO BE SOLD BY ONLINE AUCTION ON 11TH SEPTEMBER 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
52 Frederick Street, Denton M34 3JA
Let on a periodic tenancy from March 2020 now paying £700 per month. Comprising; lounge, dining room, kitchen, two bedrooms and bathroom. Front and rear yard.
An exceptional opportunity awaits to acquire an investment property with promising returns in a highly sought-after location.
Located within a short waking distance to Denton town centre it offers a wide range of amenities on the doorstep. There are local shops, supermarkets, leisure facilities and it is also on the cross roads of the A57 providing motorway links and public transport to Hyde, Ashton-under-Lyne, Stockport and Manchester, presenting a prime location for tenants. It also has access to some of the best schools in Tameside both at a junior and senior school level.
The property is currently achieving £700 per month, offering a strong 8% yield based on today's guide price. With current rental values in the area around £850 per month, there’s potential for even higher returns, making this an attractive investment opportunity.
Here are a handful of similar properties taken from the land registry which have sold close by:
30, Booth Street, Manchester, M34 3HY- Sold - 04/03/2024 £175,000 Terraced 2 beds 0.07 mi
2, Booth Street, Manchester, M34 3HY-Sold - 09/01/2024 £150,000 Terraced 2 beds 0.03 mi
74, Frederick Street, Manchester, M34 3JA-Sold - 24/11/2023 £165,000 Terraced 3 beds
Places of interest
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Property reference EM-157885. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Edward Mellor - Auction.
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Broadband availability and predicted speed: obtained from Ofcom on August 18, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on August 18, 2023
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on November 14, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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