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3 bedroom semi-detached house for sale
Booth Hall Road, Manchester, Greater Manchester, M9
£199,950
Booth Hall Road, Manchester, Greater Manchester, M9
£199,950
Our Summary
- #### PROPERTY IS ONLY BEING SOLD TO INVESTORS AND NOT OWNER OCCUPIERS ### Investor Sales Brochure Booth Hall Road, Manchester, M9 7BL Asking Price: £199,950 Tenure: Freehold Tenants in Situ A Fully Refurbished, Income-Producing Investment Opportunity Introducing an exceptional, turnkey buy-to-let opportunity in the consistently strong rental area of Blackley, Manchester (M9)
- Currently achieving £900 pcm, the property has recently undergone a full refurbishment, enabling a projected rental uplift to £1,200 pcm, increasing both yield and value
- 2% Asking Price: £199,950 Tenants in situ: Long-term, on rolling contract Tenure: Freehold - minimal overheads Fully refurbished throughout - reduced maintenance risk This combination of strong yield potential, refurbishment quality, and a stable tenant profile makes this one of the most attractive hands-off investment opportunities currently available in M9
- Location Overview Situated in a popular residential area of Manchester M9, the property benefits from: Excellent transport links to Manchester city centre Close proximity to supermarkets, amenities, and leisure facilities Great school catchment area-boosting long-term rental desirability Strong rental market with consistently high demand for modernised family homes This area is known for secure, stable rental returns and strong capital growth prospects driven by Manchester's wider economic expansion
- Tenancy Information Tenants have resided for several years Occupancy continues on a rolling contract Reliable rental history Optional rent review opportunity to £1,200 pcm following refurbishment This allows investors to benefit immediately from rental income while also having the opportunity to increase returns
- This freehold property offers a strong investment profile with a potential gross yield of 6
Description
This is a fully refurbished, three-bedroom semi-detached house in Manchester's Blackley area, available for investment only. The property is currently rented out for £900 per month, but with recent refurbishments, the potential rental income is projected to increase to £1,200 per month, resulting in a gross yield of 7.2%. The property has long-term tenants in place, with a rolling contract, and is being sold as a freehold with minimal overheads. The property features modern amenities, including a newly fitted boiler, double glazing, and central heating, and is located in a popular area with excellent transport links to Manchester city centre and a strong rental market. The asking price is £199,950, and the property is being sold through a lettings and property management company that offers a comprehensive service to landlords.