Salcot Walk, Manchester, M40 7WQ
A fantastic buy-to-let investment offering strong returns and instant income from day one!
This three-bedroom terraced property is being sold with a long-term tenant in situ, currently paying £1,250 per month, delivering an impressive 8% gross yield. Long term tenant that wants to stay - statement of regular payments to be provided.
The property offers spacious accommodation including a good-sized lounge, modern kitchen, three bedrooms, and a family bathroom. Outside, there's a private rear garden and on-street parking. Property has been refurbished in 2020 before tenant moved in.
Located in a popular rental area with strong tenant demand and easy access to Manchester city centre, local amenities, schools, and transport links - this is a ready-made addition to any portfolio.
Please Note:
The property's under-cladding cavity wall is of concrete construction, meaning traditional high street mortgage lending may not be available. Cash buyers or specialist finance investors only.
Tenant in situ - immediate income
Current rent £1,250 pcm rent
Approx. 8% gross yield
High-demand rental location close to city centre
Ideal low-maintenance investment - enquire now to secure this high-yield property!
The particulars supplied by Rainbow NW Limited are intended as a general outline for guidance only, in accordance with the Property Misdescriptions Act 1991, and do not constitute any part of an offer or contract. All information is provided without responsibility, and any intending purchasers, lessees, or third parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
Rainbow NW Limited has not carried out a structural survey, and the services, appliances, and specific fittings have not been tested. All photographs, measurements, floor plans, and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets, fixtures, or fittings. Gardens, roof terraces, balconies, and communal areas, as well as tenure and lease details, cannot be guaranteed for accuracy.
Details of lease, service charges, and ground rent (where applicable) are provided for guidance only and should be verified by your solicitor prior to exchange of contracts. No person employed by Rainbow NW Limited has authority to make any representation or warranty in relation to this property.
All purchase prices, rents, or other prices quoted are correct at the time of publication and, unless otherwise stated, are exclusive of VAT.
Tenure: Information regarding the type of tenure has been provided by the seller and has not been independently verified by the agent. Prospective buyers are advised to obtain verification through their solicitor or surveyor.
To comply with the Anti-Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. Rainbow NW Limited carries out these checks using a secure verification platform. There is a nominal charge of £25 plus VAT per person, payable directly to Rainbow NW Limited, to cover the cost of accessing the platform. Additional charges may apply for overseas checks.
Rainbow NW Limited may refer you to ancillary services including Conveyancing, Surveying, and Financial Services, should you require any of these services. We may receive a referral fee if you choose to use any of these recommended services. You are under no obligation to use any provider we recommend and are free to select any legal, surveying, or financial services provider of your choice.
Council Tax Band: A
Tenure: Freehold