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