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Dollond Street

Blackley, Greater Manchester

£150,000

  • Mid terraced property
  • Current net yield:7.2%
  • Current sitting tenant
  • Strong rental growth potential
  • Popular residential location

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0161 337 3890

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Blackley, Greater Manchester

Terraced Property | £150,000 | Freehold
KEY INFORMATION
  • Asking Price: £150,000
  • Monthly Rental Income: £900 pcm
  • Annual Rental Income: £10,800 p.a.
  • Gross Yield: 7.2%
  • Net Yield: 7.2%
  • Tenure: Freehold
  • EPC Rating: C
  • Tenancy Status: Tenants in Situ
  • Tenancy Duration: Approaching 1 Year
PROPERTY HIGHLIGHTS
  • Freehold – full ownership, no ground rent or service charges
  • Tenants in situ – rental income starts from completion
  • Approaching 12 months continuous tenancy, proven stability
  • Roof recently replaced – major capital expenditure already done
  • EPC Rating C – compliant with current and upcoming legislation
  • Competitively priced at £150,000 – strong entry-level investment
WHY TENANTS IN SITU IS A MAJOR ADVANTAGE

Buying with tenants already in place means:

  • No void period – your £900/month income begins immediately
  • No re-letting costs – no advertising, referencing or agency find fees
  • Proven tenancy – approaching 12 months shows the tenants are settled
  • Reduced risk – the income stream is established, not hypothetical

The tenancy transfers to the new owner on completion in full accordance with current lettings legislation.

WHY INVEST IN MANCHESTER?

Manchester consistently ranks among the UK’s top cities for property investment, and the fundamentals are compelling:

  • The UK’s fastest-growing major city outside London, with sustained population and economic growth driving rental demand
  • Major employment hubs including MediaCityUK, Manchester Airport (the UK’s second largest), and thriving tech and professional services sectors
  • Over 100,000 students across the University of Manchester, Manchester Metropolitan, and the University of Salford — sustaining year-round demand
  • Significant infrastructure investment: Metrolink expansion, HS2 connectivity, and the Northern Powerhouse agenda
  • M9 property prices remain well below the national average, offering a lower cost of entry with strong long-term capital growth potential
  • Rental demand consistently outstrips supply across North Manchester
  • Ongoing regeneration investment is driving neighbourhood improvement and investor confidence across the area

This is a genuinely turnkey investment, freehold, income-producing from day one, structurally sound with a new roof, and well-positioned for both current lettings regulations and future legislative changes.

Return on Capital Employed (ROCE) Calculator

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Property Price


Mortgaged

Cash Purchase

Deposit

£0.00

25%

£150,000.00

Sourcing Fees

£3,000.00

£3,000.00

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£900.00

£900.00

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