RAGLAN ROAD - M32
Situated in Stretford, Manchester this three bed semi-detached property is large, spacious and includes a driveway for two cars. A refurb is needed and the property has some plastering needed. To purchase on auction terms you must be able to exchange contracts within 72 hours with delayed completion negotiable. Cash buyers preferred.
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Financial Breakdown
Quick Sale Price: £220,000
Deposit: £55,000
Est Rent PCM: £1,100
Mortgage Payment PCM: £412.50
NET Profit PCM: £687.50
NET Profit PA: £8,250
NET Yield 4%
NET ROI 15%
Raglan Road
Manchester
M32 8FA
Potential Market Value £310,000
Purchase Price £220,000
Discount £90,000
29% BMV
Launched January 2022