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Flat 4, Warwick Court

Manchester, United Kingdom

£100,000.00

Investment Type: BUY-TO-LET

Est. Completion: AVAILABLE

  • 2 Double Bedrooms
  • Open Plan Living/Kitchen Space
  • Allocated Parking
  • Popular Residential Area
  • Tenant In Situ
  • Gross Yield Of 7.1%

Pure Investor are delighted to bring to the market this ground floor two bedroom apartment situated in Haughton Green, in the Tameside region of Manchester. The apartment is ideal for buyers looking to take advantage of the range of reputable schools that are readily available whilst also benefitting from a selection of excellent local amenities and a wealth of transport links.

Offered to the market with a tenant in situ and available for rental investment purchase only this two bedroom ground floor apartment provides a yield of around 7.1% and has the potential with a rent review to achieve 8.5% to 9.6%. Internally the property comprises of; entrance hall with storage cupboard, spacious open-plan lounge with kitchen area, master bedroom, additional bedroom, family bathroom.

Key Investment Point:
Market rentals for two bedroom apartments in this development are estimated at £800.00 - £850.00 per month. A similar two bedroom apartment (higher floor) has recently been let agreed at £850.00 per month (market comparables available upon enquiry.

Externally the property has allocated parking for one car. Viewings are highly advised

Investment Information
Full Address: Apartment 4, Warwick Court, Haughton Green Denton M34 7XF
Asking Price: £100,000
Property Type: 2 Bedroom, ground floor apartment
Allocated parking space
Tenure: Leasehold – 125 years remaining as of the 1st Jan 2020
Tenancy: Tenants in situ for the past 3 years, now on a rolling contract
Current Rental Income: £595pcm
Annual Rental Income: £7,140
Ground Rent: £125 per annum
Service Charge: £113pcm
Gross Yield: 7.1%
Net Yield: 5.6%

Flat 4, Warwick Court - Key Points

Location

Location

Manchester, United Kingdom

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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