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55 Lawnwood Rd, Gorton

Manchester, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: AVAILABLE

Pure Investor are delighted to bring to the market this 2-bedroom semi-detached property in Gorton, Manchester. The property was built in 2017 and is situated in a popular residential estate which was been remodelled and updated in the past 10 years. There is currently a tenant in situ at the property and would ideally be looking to stay however the seller is open to the idea of selling as a buy to let or to someone looking to reside in the property. The location of the property is one of the main selling points as it is adjacent to Hyde Road which takes you directly from Manchester city centre through to the Denton Rock which is where the M60 & M67 motorways are accessible.

 

Investment highlights

  • Purchase price - £215,000.00
  • Current rental figures - £850.00pcm
  • Expected rental figures £1,000.00pcm (similar property has just rented for this)
  • Current yield – 4.7% per annum
  • Expected yield – 5.6% per annum
  • Leasehold – 193 years remaining
  • Great expectation for capital appreciation due to Manchester city centre growth
  • New build so no refurb costs needed
  • Driveway for 2 cars
  • On cul-de-sac
  • 2 Double bedrooms
  • Tenants contract due to end 30/08/2022

 

Nearby locations

Schools

  • Co-op Academy Belle Vue – 10 minute walk
  • All Saints Primary School – 3 minute walk
  • St Francis Primary School – 13 minute walk
  • St Peter’s High School – 15 minute walk

 Supermarkets

  • Tesco Extra Gorton – 6 minute drive
  • Aldi – 5 minute drive

 Transport links

  • Bus stop 30 seconds walk (buses to Hyde/Stockport and Manchester city centre)
  • Ashbury’s train station – 11 minute walk
  • Ardwick train station – 5 minute drive

 Payment Plan

     Reserve your unit with a signed reservation form

  1. Sourcing fee of £2,500 + VAT (50% paid upfront & the remaining 50% paid upon completion)
  2. Provide certified ID, proof of address and proof of funds to Pure Investor
  3. Solicitors instructed
  4. Remaining balance due on completion

Video - 55 Lawnwood Rd, Gorton

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

Looking to sell your tenanted buy to let property?

Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

  • Specialists in selling tenanted properties in the UK.
  • Database of over 30,000 experienced property investors, actively seeking tenanted properties to add to their portfolio.
  • Experienced in working with tenants and lettings agents to ensure smooth transition and good communication throughout.
  • Generate rental income right up to completion of sale and avoid expensive void periods during sales and legal process.

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