Stockport - Buy To Let Or HMO Opportunity 3 Bedroom Terraced House - Click for more info

Description

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

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Flip Opportunity – Buy To Let Or HMO Opportunity

3 Bedroom Terraced House

Lindow Court, Bredbury, Stockport, SK6 2EE

Market Value = £250,000

Purchase Price = £195,000

Finder’s Fee = £5,000 + Vat

Potential Gross Income (As a Single Let) = £950 pcm = £11,400 per annum

Potential Gross Income (As HMO) = £1,950 pcm = £23,400 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £903 pcm = £10,836 per annum

Self Managed = £1,137 pcm = £13,644 per annum

For a limited time only, we have managed to secure a 3 bedroom terraced house in Stockport. The property is in need of modernisation - please see the pictures to confirm its condition. It has been estimated that £10,000 needs to be spent in order to bring the property up to habitable standard. The works are generally cosmetic.

The property has a potential to be turned into an 5 bed HMO as it is not in an Article 4 free area.

The property comprises of :

3 Bedrooms
2 Reception Rooms
1 Living Room
1 Bathroom and seperate WC.
The property is situated in area that has great transport connections, close to Town Centre and other local amenities.

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

Ad ID: 1397904184