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House For Sale £149,950
Cole Street, Manchester, Greater Manchester M40


Description
Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers! This excellent three bedroom semi detached property is located just minutes away from Manchester city centre, enquire today to avoid disappointment.

This wonderful three bedroom semi detached property comprises of entrance hallway with downstairs WC; spacious lounge with double glazed window to the front; fully fitted kitchen and dining area; UPVC door leading to a generously sized rear garden; staircase leading to the first of the double bedrooms with double glazed window; three piece family bathroom with shower over bath; second double bedroom with double glazed window overlooking the garden; a single bedroom with double glazed window. The property comes with a rear garden and driveway for at least two cars.

Being just minutes way from Manchester city centre, Cole Street offers a perfect investment opportunity. The entirety of Manchester's city centre and beyond is within easy reach from this property with Piccadilly train station/Metrolink station being less than 10 minutes away. Manchester is renowned for its range of entertainment, rich history and culture with an abundance of cinemas, live entertainment venues, and museums - it's easy to see why Manchester is one of the fastest growing cities in Europe.

Manchester's high rental yields, growing demand and capital growth are just a few reasons why it has been named one of the UK's best buy-to-let hotspots. In the four years leading to 2024, house prices in Manchester are set to increase by an impressive 17.1%, whilst rents are also forecast to rise by 16.5%. Manchester's growing population ensures that there will always be high demand for rental properties. Now is the perfect time to invest in this vibrant and exciting city.

Financial Breakdown

Gross rent: £7,020
Ground rent: £65
Service charge: £0
Lettings fees: £0
Net income: £6,955
Gross yield: 4.68%
Net yield: 4.64%

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-16659

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