Property no longer available.

6 Bed Semi Detached House  For Sale  Shaw Heath  Stockport  Greater Manchester  SK2   - £250,000

For Sale
TENURE: Leasehold
INVESTMENT OPPORTUNITY - Converted semi-detatched property comprising 2x 1 bed flats and 2x 2 bed flats. 1 bed flats let at �450 pcm each and 2 bed flats let at �550 pcm each. Total �24000 rent pa. Comes with Planning Permission to convert the 2x 2 bed flats into 4x 1 bed flats making a total of 6x 1 bed flats. Space for 3 cars at the rear.

High potential to sell the flats individually after construction for approx �75,000 - �85,000 each. Anticipated that GDV after construction will be approx. �480,000. First time buyer market is buoyant especialy with the Help To Buy Scheme now taking force.

Rental value of each flat after construction is �450 - �475 pcm. On an annual basis this will generate �32,400 - �34,200.

Attached is a quote for carrying out the construction works from a local construction firm*.

*Piccadilly Property Management Ltd takes no responsibility whatsoever for the information contained on the construction quote. Interested parties are advised to carry out their own due diligence.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

These are for general guidance only. You are responsible to confirm accuracy by inspection.
mortgageMortgages - Find cheapest. Rates from 0.98%. 1st time buyers, remortgages, self-employed, adverse & CCJ, Landlord buy to let. Compare now

free adSell or Let Property FREE on Houseladder 0% no fees. Free property advertising. List 1 to 1000 properties to millions of buyers and tenants. Upgrade to a Premium advert for only £30 and sell or let your property FASTER! Create Ad

make-moneyMake Money - Earn £250 to £2000+ per month part time. Get paid every month for work you do once. Work from home. Flexible hours. Free training. No experience needed. Major UK PLC company. Find out how >>

taxHow To Save Property Tax - Updated Sept 2017 “How To Save Property Tax” is widely regarded as THE tax bible for property investors. The 21st edition has just been published (Sept 2017) and is completely up to date. Read now