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Investment Opportunity: 3-Bed Terraced Home in Old Trafford
Manchester, Greater Manchester, M16 8gr, United Kingdom
About This Property
This three-bedroom terraced house in Old Trafford presents a lucrative investment opportunity. Nestled on Walter Street, a desirable tree-lined road, the property offers ample potential for investors interested in property renovation. The spacious interiors include a lounge, dining room, and generously-sized kitchen on the ground level, with three double bedrooms and a bathroom suite on the upper floor. A cellar provides extra storage options for occupants. Located conveniently close to Trafford Bar Metrolink Station, the property ensures easy access to Manchester city centre, MediaCityUK, and Manchester Airport, appealing to a wide range of potential tenants. Additionally, the property is within walking distance of popular local parks such as Hullard Park and Seymour Park, making it ideal for families and young professionals. The nearby well-regarded primary schools and grammar schools further enhance its investment appeal. This leasehold property is offered with no vendor chain, allowing for a seamless transaction process. The surrounding area is highly sought after, with demand driven by its proximity to key Manchester locales like Chorlton and MediaCityUK, ensuring strong rental demand and exceptional long-term growth prospects. Viewing is highly recommended to appreciate the investment potential this property holds.
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Your mortgage
Monthly payment
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | £8,480 | £0 | £203,520 |
| 2 | £8,480 | £0 | £195,040 |
| 3 | £8,480 | £0 | £186,560 |
| 4 | £8,480 | £0 | £178,080 |
| 5 | £8,480 | £0 | £169,600 |
| 6 | £8,480 | £0 | £161,120 |
| 7 | £8,480 | £0 | £152,640 |
| 8 | £8,480 | £0 | £144,160 |
| 9 | £8,480 | £0 | £135,680 |
| 10 | £8,480 | £0 | £127,200 |
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