Connectivity:

High Street Central Manchester - 13 min tram
Victoria Station - 13 min tram 
Closest Grocery Store – 4 min walk
Intu Trafford Shopping Centre / EventCityUK / Sea Life – 5 Min Drive - 20 min walk
Old Trafford Football Stadium – 12 min drive
Manchester Airport – 17 min drive
Manchester to Central London – 130 min train

SPECIFICATIONS

Brand New Refurbishment
4 Separate Rooms with En-suites
710 sq ft - 66 sq m 

Currently Tenanted to Professionals
Terraced Property
Living Area, Kitchen and Rear Patio 

ABOUT THE RESIDENCE


Investment opportunity to acquire a brand newly refurbished maisonette in West Manchester, made up of 4 high-quality bedrooms with en-suites and a large backyard terrace.

The property was just rented out to 4 different working professionals last month, following the refurbishment. 

ABOUT THE CITY

About the City:

Salford’s great location, supported by excellent transport connections to major cities across the UK and Europe, makes it an ideal base for all businesses. Year on year there has been an increasing number of inward investors locating to Salford with The Quays being the most favoured destination.

Salford is not a city that stands still – ambitious regeneration and development programmes such as MediaCityUK continue to inspire investors and developers and ensure that the city is one of the UK’s most determined, innovative and creative business destinations.

This property is currently listed for sale on the open market. If our offer of £194,700 is not accepted by the vendor, or we do not raise sufficient funds to make an offer, the money that you have invested will be returned to you.

FINANCIALS

Purchase Price £170,000 
Purchase Cost: £11,815 
  • Notary/SDLT £6,000
  • Structure / Solicitor fees £2,250
  • Payment process fees £3,565
Total Price (Amount to be raised): £181,850
£181,850 ÷ 3,637 = £50
Total Price Shares Min.

Rental Income

Typical Annual Rent (*) £18,692
Typical Yield(*) 10.2%

Investors should note that the yield quoted is gross. The actual yield generated from this property will be less as a result of expenses incurred in letting the property and taxation.

KEY FEATURES

  • Located in the UK
  • Good Capital Gains
  • Well connected
  • Close to local Amenities
  • Safe area
  • Good Rental

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