ROI = 6% BMV = 42.55%
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Description
DEANSGATE TOWER This fully furnished, stunning property boasts 2 spacious bedrooms, an open plan kitchen and gorgeous views. It is the perfect investment opportunity due to its high yields of 5.09%, high tenant demand, and tenant already in situ, presenting the perfect chance of an instant rental income of £2,050 pcm. LOCATION Situated in the M15 postcode, this location offers a blend of urban living with green spaces and community parks, while also being a short distance from the city centre. Local amenities include modern supermarkets, independent shops, cafes, and community centres. With its proximity to the city centre, vibrant community feel, and strong transport connections, M15 offers convenient and well-connected urban living. TENURE This property has 989 years remaining on the lease, with service charge of £3,442 (inclusive of the building's insurance of £599) per annum and ground rent charge of £300 per annum. PROPERTY HIGHLIGHTS FULLY FURNISHED TENANT IN SITU UNTIL AUGUST 2025 19TH FLOOR HIGH TENANT DEMAND RENTAL INCOME OF £2,050 PCM YIELDS OVER 5% FOR MORE INFORMATION, CONTACT NORTH PROPERTY GROUP TODAY North Property Group is an independently owned sales, lettings and property agency with more than 20 years of experience. We work exclusively for the benefit of our clients to help you buy, sell, let or rent the best properties across the UK.
Find out MoreProperty Details
- Property ID: 151680068
- Added On: 2024-09-14
- Deal Type: For Sale
- Property Price: £410,000
- Bedrooms: 2
- Bathrooms: 1.00
Amenities
- HIGH TENANT DEMAND
- PRIME LOCATION
- FULLY FURNISHED
- INCREDIBLE INVESTMENT OPPORTUNITY
- INSTANT RENTAL INCOME OF £2,050 PCM
- MODERN DESIGNS
- ABUNDANCE OF NEARBY AMENITIES
- 19TH FLOOR
- STUNNING VIEWS
- YIELDS OVER 5%
