2 pictures
House
·
for sale
£ 295,000
New
3 bed house for sale
Moor Lane M7 Salford
· 3 Bedrooms · House
· Garden · Equipped kitchen · Parking · Heating
Moor Lane M7 Salford · 3 Bedrooms · House · Garden · Equipped kitchen · Parking · Heating
A TURNKEY INVESTMENT WITH IMMEDIATE INCOME An excellent opportunity to acquire a modern three-bedroom townhouse in a popular Salford development, sold with the current tenants in situ and generating 1,595 PCM (19,140 PA). At the asking price of 294,500, the property delivers an attractive 6.5% gross initial yield, providing investors with an established rental income from completion, subject to the existing tenancy and transaction terms. With a 999-year lease from 2014, family-friendly accommodation and strong tenant appeal, this represents a straightforward long-term residential investment. KEY INVESTMENT HIGHLIGHTS 1,595 PCM current rental income 19,140 annual rental income 6.5% gross initial yield Tenant in situ 999-year lease from 2014 120 per annum service charge Modern 3-bedroom townhouse over 3 floors Integrated garage & off-road parking Front & rear gardens Modern kitchen/dining room En-suite, family bathroom & downstairs WC Double glazing & gas central heating Popular resident
A TURNKEY INVESTMENT WITH IMMEDIATE INCOME An excellent opportunity to acquire a modern three-bedroom townhouse in a popular Salford development, sold with the current tenants in situ and generating 1,595 PCM (19,140 PA). At the asking price of 294,500, the property delivers an attractive 6.5% gross initial yield, providing investors with an established rental income from completion, subject to the existing tenancy and transaction terms. With a 999-year lease from 2014, family-friendly accommodation and strong tenant appeal, this represents a straightforward long-term residential investment. KEY INVESTMENT HIGHLIGHTS 1,595 PCM current rental income 19,140 annual rental income 6.5% gross initial yield Tenant in situ 999-year lease from 2014 120 per annum service charge Modern 3-bedroom townhouse over 3 floors Integrated garage & off-road parking Front & rear gardens Modern kitchen/dining room En-suite, family bathroom & downstairs WC Double glazing & gas central heating Popular resident
£ 295,000