Cheap Buy To Let with Happy Tenant. 7.5 % yield with increase next year.

Placed: 16/10/17
Region: Manchester
Location: Farnworth
Category: Real Estate


Content of the advertisement:

Property type: Flat, Number of bedrooms: 2

Purpose built 2 bed ground floor flat owned since 2005.
Tenant is on an 12 month ast and has been in situ since 2011.
Rent is £500 per month but market rent valuation is over £550. Review due next April 2018.
Apologies for picture quality.
£6000 on an £80000 Investment is very attractive compared to Bank and Building society returns. Service charge £557 p.a.
Property is in Bolton. We want to retire and live abroad.

Price / Salary: £81,000.00