- 2 x Apartments Within End Terrace +
- Freehold Property +
- Potential Yield Of 10% +
- Current Tenants In Situ +
- Ideal BTL Investment +
- Potential Annual Income Of £14,400 +
Pure Investor brings to the market 2 x apartments for sale in the same property, under one title deed. The property has the potential to produce a rental yield of over 10% net. The property consists of a 1-bedroom ground floor, and a 1 ½ bedroom first floor apartment inside the end terrace.
Property details
Ground floor apartment - Entrance hallway, double bedroom, living room, kitchen, bathroom.
First floor apartment - Stairs and landing, double bedroom, single bedroom, living room, kitchen, bathroom.
Outside - Small front garden, side access, which is gated, and keys provided to the rest of the residence of the remaining terraces on the row for bin access.
Investment Information
- Address: 195 Ashley Lane, Manchester M9 4NQ (flat 1 & flat 2).
- Asking Price: £140,000.
- Number Of Bedroom: Ground floor 1 bedroom. First floor 1 ½ bedrooms.
- Number Of Bathrooms: Ground floor 1. First floor 1 bathroom.
- Current Rental Income: £1,045pcm (£12,540 per annum). Ground floor £475pcm. First floor £570pcm.
- Yield: 8.0%.
- Potential Rental Income: £1,200pcm (£14,400 per annum). Ground floor £575pcm. First floor £625pcm.
- Yield 10%.
- Tenure: Freehold.
- Currently self-managed.