Type: 3 bed terrace
Asking price: Offers over £120,000
Estimated market value: £140,000 once refurbished
Status: Tenanted at £595pcm
Refurbishment Required: Yes
Estimated Rental: £750pcm once refurbished
Current rental yield: 5.95%
Sourcing Fee: £3000 plus vat
Portfolio8 are delighted to bring you this off-market investment opportunity in a popular area of Audenshaw, Manchester. The area has seen a lot of investment of late, with a new build development located opposite.
Currently tenanted at £595pcm, the long-term tenants are happy to stay in the property. Whilst the property would benefit from a degree of refurbishment, this would only need doing as and when the current tenants decide to leave the property.
Guide Bridge train station is opposite the property, where regular trains run to Manchester City Centre.
Offering future capital growth and a good return on investment, could this be your next investment property?
Call us on +44 (0) 161 327 1858 or contact us using the form below to arrange your free no obligation property consultation.