Audenshaw, M34, Audenshaw


Property Details

  • Price: £115,000.00
  • Location: Audenshaw
  • Region: Tameside
  • Country: Manchester
  • Reference: HAWT39-PORT8
Audenshaw, M34

Type: 2-bed terrace
Asking price: £115,000
Status: Vacant on completion
Refurbishment required: No
Estimated rental: £650pcm
Estimated return on capital employed: 10.25%
Sourcing Fee: £3000 plus vat

This well presented mid terrace house is positioned within a desirable residential location. The property comprises entrance hall, sizable front and rear reception rooms with separate kitchen. The first floor comprises two generous bedrooms and family bathroom.

This property is well located for local amenities and the area is highly desirable due to the close proximity of good schools. 

Speak to a member of the Portfolio8 team today for more information.

Return on Investment

Investment - Summary
Guide Price£115,000.00
Estimated Rental Income (pcm)£650.00
Annual Rental Income£7,800.00
Investment - Cost Breakdown (Assumed 75% LTV mortgage)
Deposit Amount (25%)£28,750.00
Solicitor Fees (approx. £1,000)£1,000.00
Sourcing Fee (£3,000.00 plus VAT)£3,600.00
Refurbishment Costs:£0.00
Total Approx. Costs:£33,350.00
Investment - Cash Flow (Assumed 75% LTV mortage)
Gross Revenue Per Month:£650.00
Minus Costs
Lettings Fee - 10% plus VAT (fully managed by Portfolio8)£78.00
Mortgage Costs (assumed 4% interest only mortgage)£287.00
Service Charge Per Year£0.00
Ground Rent£0.00
Total Costs (per month)£365.00
Total Income£650.00
Total Costs£365.00
Net£285.00
Net Return On Capital Employed10.25%

Image Gallery - Audenshaw, M34

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Portfolio8 - Property Investment