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Manchester Road

Rochdale, Greater Manchester

£135,000

  • 2 bedroom terrace
  • Net yield of 6.5%
  • Current sitting tenant
  • Strong rental growth potential
  • Popular residential location

For more information please contact our team:

0161 337 3890

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Rochdale, Greater Manchester

Terrace | £135,000 | Long Peppercorn Lease 
INVESTMENT SUMMARY
Pure Investor is delighted to present this well-maintained two-bedroom mid-terrace property located in a popular residential area of Rochdale. Offered for sale with a long-term tenant in situ, this property represents an excellent turnkey investment opportunity for landlords seeking immediate rental income and a hassle-free addition to their portfolio.
The property is currently generating £725 per calendar month (£8,700 per annum) and is occupied by a longstanding tenant who has maintained the property in immaculate condition both internally and externally. The property further benefits from a new boiler installed within the last few years, helping to minimise future maintenance expenditure.
With an attractive asking price of £135,000, the investment currently produces a gross yield of approximately 6.44%.
PROPERTY FEATURES
  • Two-bedroom mid-terrace house
  • Long-term tenant in situ
  • Current rental income: £725 PCM (£8,700 per annum)
  • Well-presented throughout
  • Immaculately maintained by the current occupier
  • New boiler installed within the last few years
  • Popular residential location
  • Strong rental demand locally
  • Leasehold tenure
  • Approximately 872 years remaining on the lease
  • Ready-made investment with immediate income
ACCOMODATION
The accommodation briefly comprises:
Ground Floor
  • Entrance hallway
  • Spacious living room
  • Fitted kitchen with dining space
  • Access to rear yard/garden
First Floor
  • Two well-proportioned bedrooms
  • Family bathroom
The property has been exceptionally well cared for by the current tenant, creating a clean, attractive home that requires no immediate works.
INVESTMENT INFORMATION
Detail
Information
Asking Price
£135,000
Current Rent
£725 PCM
Annual Rental Income
£8,700
Gross Yield
6.44%
Tenure
Leasehold
Lease Remaining
Approx. 872 Years
Occupancy
Long-Term Tenant In Situ
LOCATION
Manchester Road is ideally situated within Rochdale, offering convenient access to the town centre, local shops, schools and transport links. The area remains popular with both tenants and owner-occupiers due to its affordability and excellent connectivity to Manchester and surrounding Greater Manchester towns.
The property’s established tenancy and strong rental history make it particularly appealing to investors seeking a stable income-producing asset in a proven rental location.
WHY WE LIKE THIS PROPERTY
This is an excellent opportunity to acquire a fully let investment property with a reliable long-term tenant already in place. The combination of consistent rental income, outstanding tenant care, a recently installed boiler, and an exceptionally long lease provides investors with confidence and peace of mind from day one.
Properties of this nature, particularly those occupied by tenants who maintain the property to such a high standard, are increasingly sought after within the investment market and can provide a straightforward, income-generating addition to any portfolio.

Return on Capital Employed (ROCE) Calculator

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£135,000.00

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