Gr Manchester OL6 Tenure: Freehold Type of Property: Terraced Guide Price: £ 136,950

FREEHOLD. HMO. TENANCY AGREEMENT NOW SIGNED WITH A GOVT BODY AS THE TENANT.

The tenant has now signed on a 7 a year term, which includes catering for all the
repairs,
utility bills,
maintenance etc
of the property
and payment of £953 per month to the new owner, even if the property is vacant.

This would Net the new owner an 8% minimum rental yield for the next 7 years and in an area where property prices are increasing.

At the current rate, the new owner will receive a minimum income of £80,052 over a 7 year term, with an option to extend.