2 Bed Flat For Sale Collegiate Way, Manchester, M27

£119,950- Flat

1 of 10
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Last Updated: 10th April 2024

Description

CIRCA 5% NET YIELD!\r
360 Virtual Tour Available!\r
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Mr Investa are pleased to present this two double bedroom ground floor flat, with allocated parking, which is a perfect opportunity for buy-to-let investors.\r
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The property is situated within a quiet development, surrounded by greenery, with a private communal carpark.\r
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Swinton town centre and Clifton Marina are just a short walk away. The property offers easy access to transport links including the train station, bus routes and the motorway network.\r
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The property briefly comprises; two double bedrooms, bathroom, open plan living room and a dining kitchen. Communal gardens and car parking for residents.\r
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Current Rental Income: £650pcm / £7,800 per annum\r
Service Charge inc. Ground Rent : £1,180 per annum approx.\r
Lettings Fee 10% + VAT: £936 per annum\r
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NET Income: £5,684 per annum\r
NET Yield: 4.74%\r
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Leasehold 999 years from 2002\r
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Council Tax Band: B with Salford City Council\r
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NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.
Agent Details
Mr Investa Ltd
Mr Investa, Blue Tower, MediaCityUK, M50 2ST

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested