• Type: 3 bed terrace
• Asking price: £130,000
• Tenure: Old style leasehold (999 years)
• Refurbishment Required: Yes
• Sourcing Fee: £3000 plus vat
• Estimated Rental: £800pcm
• Estimated gross rental yield: 7.38%
• Estimated capital appreciation: 6.5% per annum
Rare opportunity to purchase a significantly below market value, 3 bedroom home in the M43 area of Manchester.
The property requires modernising throughout and is exclusive to Portfolio8, direct with the seller off market. We have already visited the property with a builder, so be sure to speak to a member of the Portfolio8 team for full details and costs for the refurbishment. We manage every step of the process for you, so you don't need to worry about it.
Droylsden has become a really hot area for investors both overseas and UK based due to it's consistent capital growth, high rents and quality tenants wanting to be close to highly regarded schools and the excellent transport links into City Centre Manchester.
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.