2 Bed Flat, Single Let, Manchester, M12 5PS, £120,000

Hyde Road, Manchester, Greater Manchester, M12 5PS - 4 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~68 m²
+13 photos

ValuationUndervalued











Cashflows



































Property History

Listed for £120,000

October 11, 2024

Floor Plans

Description

  • 2 Double Bedrooms +
  • Current Tenants In Situ & Being Sold With Them In Situ +
  • Popular Location +
  • Current Annual Income Of £9,600 With The Potential To Increase +
  • Close Proximity To Manchester City Centre +
  • Well Maintained +

INVESTMENT PROPERTY

Pure Investor are delighted to bring to the market this spacious, two-bedroom apartment which is located on Hyde Road close by to local amenities and transport links, making it ideal for anybody in need to commute to Manchester City Centre.

The property comprises; entrance hallway with two separate storage cupboards, the principal bedroom with double windows, a four-piece bathroom suite with separate shower, a second single bedroom which could be ideal for a home office, a fully fitted kitchen integrated with appliances; fridge/freezer, washing machine & dishwasher and finally an open plan living/dining room.

INVESTMENT INFORMATION
- Full address: Flat 11, 703 Hyde Road, Manchester, M12 5PS
- Asking price: £120,000.00
- Tenure: Leasehold (135 years remaining)
- Current rental income: £800.00pcm
- Service charge: £1,224.00
- Ground rent: £120.00 per annum
- Gross yield: 8.0%
- Net yield: 6.8%
- Bedrooms: 2
- Bathrooms: 1
- Second floor apartment
- Council tax band: A
- EPC: C

Agent Details

Pure, Manchester

0161 524 5533

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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