3 bedroom semi-detached house for sale
Key information
Property description & features
- Tenure: Freehold
- Freehold property
- Sold with tenants in situ
- £13,200 gross rental income per annum
- Fully managed and hands free investor
- Opportunity for high capital appreciation
- Close to local schools
Tenanted 3-bedroom semi-detached property situated in Moston, North Manchester, currently generating £13,200.00 gross per annum (6.6% net yield). The property has 2 reception rooms to the front and rear of the property, galley kitchen with cupboards, built in appliances such as cooker, hob, and extractor. There are two small storage rooms at the end of the entrance hallway. The stairs and upstairs are fully carpeted, with 2 double bedrooms and 1 good sized single bedroom, there is a family bathroom with a bath/shower, sink and plastic panelled walls, the toilet is situated in a separate room on the first floor. There is storage space in the attic. Outside there is a front garden area and to the rear is a private lawned garden. Directly outside the property is a bus stop and there are football playing fields and Broadhurst Park within a 2-minute walk.
INVESTMENT INFORMATION
Asking price: £200,000
Number of bedrooms: 3
Number of bathrooms: 1
Current rental income: £1,100pcm (£13,200 per annum)
Ground rent: N/A
Service charge: N/A
Tenure: Freehold
Tenants in situ and moved in around 2 months ago
Pure Investor currently manage the rental on the property
Total rental income (pcm): £1,100.00
Net annual income: £13,200.00
Net yield: 6.60%
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on October 20, 2022
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
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Energy Performance data and Internal floor area: obtained on November 19, 2018 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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