Manchester M160UB Leasehold Flat £149,950

Description

Discounted by circa 20%,

* Two Bedrooms.
* Allocated Parking.
* Fully Furnished.
* Prime Top Floor position.
* 270 Degree views of the Manchester skyline.
* Brand New.
* 125 Year Leasehold.
* Ground Rent £350.
* Service Charge £995.
 

Property Details

Tenure: Leasehold

Location: Manchester

Type of Property: Flat


Predicted Financial Information

Rental Income: £ 9,600

Net Rental Income: £ 5,908 pa

Net Rental Yield: 4 %

Return For Investment: 16 %

Gross Yield: 6 %

Contact Information

Name: Dilip Rajani

Phone Number: 07886816779

Email: dilip@hamiltonsbusinessconsultants.uk


Mortgage Illustration

Guide Price: £ 149,950

Agent Fee: £ 1,500

Deposit Required: £ 37,863

Mortgage Amount: £ 113,588

Mortgage Payments: £ 308 pm

Based on 75% Loan To Value (LTV).
Mortgage Product:Interest Only @3.25%

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