From 7% Return!
A great opportunity to purchase a substantial property consisting of a studio flat, 3 x 1 bedroom flats and 2 x 2 bedroom flats. The building is well looked after with off road parking to the rear and all flats double glazed with electric heating.
The building is currently generating £2,305 per calendar month. Located 6 miles of Manchester City Centre, within close proximity of the M60 Motorway network and walking distance from Guide Bridge Train Station and the Audenshaw Plaza Metrolink with regular trains/trams running into Manchester City Centre.
The fantastic investment opportunity offers investors a high yield and is sold with 100% occupancy.
The Apartments
India House, Ashton, Greater Manchester, OL7 0NS
- 6 Self-Contained Apartments
- High Yield
- Off Road Parking
- Close to transport links
- 1 x studio
- 3 x 1 Bedroom
- 2 x 2 Bedroom
- Currently 100% Occupied
- £2,305 pcm
The Financials
- Purchase Price: £390,000
- Rental Income: £27,660
- Approx 2900 Sq ft
- Approx £134 per Sq ft
- Yields from 7% net
Click here to view a 5 year financial forecast, detailing the projected returns a landlord can expect. As you can see, it is expected to produce high return and provides great potential for capital growth.
Philip James Property Investments offer a unique service identifying great buy-to-let opportunities across Greater Manchester. We will place over 300 properties this year both on and off-market to both new and existing Landlords, using dedicated in-house investment managers.
If you’d like to discuss this property in more detail, or are considering investing in property across Greater Manchester, please contact us direct on investor@philipjames.co.uk
