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3 bedrooms house for sale in Manchester, United Kingdom

170 000£

Arbory Avenue‚ Manchester‚ M40

Features

  • Great starter home
  • Ideal for investors
  • Great location
  • Two reception rooms
  • Large garden
  • Driveway

Property description

Thank you for the property description and details for £170,000 located at Arbory Avenue, Manchester M40. Based on the information provided, this property appears to be a promising real estate investment opportunity and an excellent lifestyle purchase as well. From a buyer's perspective, the property boasts: 1. Three bedrooms – Adequate room for a growing family or clients renting the property 2. Two bathrooms – Enough to cater to the needs of the occupants and accommodate their comfort with modern conveniences. 3. 73 sqm space – offering enough room for a comfortable living environment with options to customize or expand if desired. As potential rental income, this property might attract tenants as it has been described with spacious and modern features. It is estimated that the rent could be around £1200 per month, which yields an annual return of roughly £14,400, making it a potentially profitable investment. This being said, the property is conservatively estimated for investment, keeping in mind any unforeseen repairs, maintenance, or unoccupied months that may affect the cash flow. From a lifestyle perspective, the property is ideal for a growing family as it offers enough rooms, baths, and space to meet their needs. The location in Manchester, an up-and-coming city with an interesting culture, various amenities, and employment opportunities, would likely be appealing to potential occupants. In summary, the property offered at £170,000 appears to have good value for the money and might be a solid investment choice. However, prospective buyers should take some time to thoroughly inspect the property, attend to the potential overall condition of the home, fully understand the surrounding community, and determine how long a commute will be to their places of work.

Location

Date added: 24.07.2024

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