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REF: 0432

Manchester, UK

For Sale

£120,000

Property Details

Investment Details

Property Description

BELOW MARKET VALUE

OFF MARKET


Property Guru are delighted to present this well-cared for and

recently renovated, 2-bedroom mid-terrace property.


With similar properties in the immediate vicinity selling for £130,000

to £140,000, this property offers immediate equity plus impressive

instant return on investment.


Tenanted to the same tenant for the last four years and wishes to

stay, this is a ready made investment opportunity. With very little

maintenance requests over the four year period, the property has a

great history and rent has always been paid on time.


The property is under rented, so there is room to improve the return

on your investment by increasing this. The tenant currently pays

£620pcm, however the market rent is currently around £750pcm.


For more information and walk-through tour, please contact the

Property Guru team.

Property Type

Terrace

Bedrooms

2

Bathrooms

1

Tenure

Leasehold

EPC Rating

C

Sourcing Fee

£5,000

Contact Us

+44 (0)330 1336 189

Reservation Process

 

Interested in purchasing an investment property listed by Property Guru? Once you have viewed and done your due diligence on the property offered and decided you want to proceed with a purchase you will be asked to sign a 'Sourcing Agreement'. This agreement is in place to protect you as a buyer and Property Guru as a company. 

 

You will be asked to pay 50% of the 'Sourcing Fee' (deposit) upon offer acceptance on your chosen property and 50% upon exchange of contracts of the purchase. The 'Deposit' is refunded to you if the seller withdraws from the sale or if there are significant issues found on survey meaning you cannot proceed with the purchase due to it no longer being a viable investment. Full details are listed in the agreement and we are happy to provide a copy upon request before entering into any agreement.

 

Disclaimer

 

Property Guru is not a licensed investment advisor or estate agent and is not authorised by the Financial Conduct Authority to provide investment or financial advice.

 

Property Guru makes no representations and gives no warranties as to the accuracy of the information provided and potential investors should not rely on it but should take independent legal, financial or other professional advice before entering into any agreement.

 

For full terms and conditions please visit our Terms and Conditions page. Property Guru is a trading name of Simon Ellis Estates Limited (10844210).

Grosvenor House
3 Chapel Street
Congleton
CW12 4AB

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*Property Guru is not a licensed investment advisor or estate agent and is not authorised by the Financial Conduct Authority ​to provide investment or financial advice.

Property Guru makes no representations and gives no warranties as to the accuracy of the information provided and potential investors should not rely on it but should take independent legal, financial or other professional advice before entering into any agreement. For full terms and conditions please visit our terms and conditions page. Property Guru is a trading name

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