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2 bed Flat For Sale £130,000
Roseway Avenue, Cadishead, Manchester M44


Description
Earn instant income on this already tenanted investment opportunity!

Yieldit are pleased to present this excellent two bedroom apartment in Hayes Green, Cadishead.

This ground floor apartment comprises of: Entrance hallway; two generously sized bedrooms; bathroom suite finished to a high standard, large storage cupboard to the entrance hallway and a large living dining space which leads into the open plan kitchen fully equipped with high-gloss cabinets.

Built in 2014, this extremely well presented, two bedroom apartment is situated within the sought after Hayes Green development in Cadishead. This residential development benefits from seamless transport links into Manchester city centre, Warrington, and the M60 & M602 motorways, as well as also being close to the Intu Trafford Centre.

Due to the growing career opportunities available in Manchester, the city is becoming an increasingly popular choice for young professionals. For this reason, the rental market is soaring, and landlords are finding that potential yields are a lot higher than those offered in London. National estate agency, Savills, recently named Manchester as the city offering the strongest regional property investment potential.

Perfect for investors looking to invest in one of the most best performing cities in the UK, this apartment currently has a young working professional residing here, providing an annual rental income of £6,900.

Please get in touch today to avoid disappointment.

Financial Breakdown

Gross rent: £6,900
Ground rent: £250
Service charge: £969
Lettings fees: £745
Net income: £4,935
Gross yield: 5.31%
Net yield: 3.8%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16590

Follow the link for more information:
        
zoopla.co.uk

  
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