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This property was removed from Dealsourcr.

Potential 4-Bed HMO, Manchester, M1 7JL £269,999

19 Penfield Close, Manchester, Greater Manchester, M1 7JL - 18 views - a year ago
  1. Deal Search
  2. Manchester
  3. M1
  4. M1 7JL
HMO
Cash
ROI: 8%
79 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Manchester
  • More Deals in M1
  • More HMO Deals
  • More HMO Deals in Manchester
  • More HMO Deals in M1

Property History

Price changed to £269,999

December 20, 2024

Listed for £290,000

November 29, 2024

Sold for £140,000

2021

Floor Plans

Description

  • Guaranteed Rent For 7 Years +
  • Remarkable 13% Rental Yield +
  • Fully Managed And Insured +
  • Close Proximity To Manchester City Centre +
  • Walking Distance To Both Manchester Universities +
  • Ideal Transport Links +

Unlock a lucrative buy-to-let opportunity! Enjoy guaranteed rent for 7 years at 30% above market rates, yielding an impressive 13% of the sale price per year, with no void periods or fees. This fully managed and insured property offers peace of mind for investors seeking secure, hassle-free returns!

Already configured for HMO use, the property offers substantial potential for rental income. The layout features a spacious living room, a well-equipped kitchen, and a convenient WC on the ground floor. Upstairs, there are three generously sized bedrooms, each ideal for individual letting, along with a main family bathroom.

The property also benefits from spacious front and rear gardens, providing tenants with enjoyable outdoor space.

Its location is perfect for attracting tenants, with Manchester city centre, the Northern Quarter, Manchester Art Gallery, and the Arndale Centre all within easy reach. The property is also close to both Manchester universities, making it a highly desirable choice for students. Excellent transport links, including Manchester Oxford Road and Piccadilly train stations as well as the Metrolink, ensure superb connectivity throughout Greater Manchester and beyond.

This combination of a prime location, proximity to key amenities, and access to educational institutions makes it an outstanding opportunity for rental income.

Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

To secure this property in accordance with our terms, a £4,000 deposit will be required, which will be deducted from the purchase price. Additionally, there is a non-refundable Reservation Fee of £450 inc VAT, which is separate from the purchase price.

All cash buyers are required to indemnify searches and surveys as outlined in our terms and conditions.

Upon acceptance of your offer, our appointed solicitor will be formally instructed to oversee the sale process on your behalf, ensuring a smooth and efficient transaction.

Agent Details

House Sales Direct, House Sales Direct

0161 524 8469

Next Steps?

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

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Investment Opportunity

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