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Prime Investment in Guide Bridge - Tenants in Situ
Guide Bridge, Ashton-under-Lyne, United Kingdom
About This Property
This excellent investment opportunity is nestled in the sought-after residential area of Guide Bridge. With excellent local amenities such as shops, supermarkets, and eateries, this property provides convenient access to Guide Bridge tram stop, train station, and bus routes, which offer direct connections into Manchester City Centre and surrounding areas. The M60 motorway is also close by, making it ideal for commuters. The accommodation spans over two floors, featuring a welcoming reception room and a well-equipped kitchen with dining space on the ground floor. Upstairs, there is a comfortable layout with a double bedroom, a single bedroom, and a three-piece bathroom suite with a bathtub. The property also boasts a rear yard, making it perfect for leisure. Currently, the property is generating £760 PCM with reliable, long-term tenants who have occupied the space for over a decade. The tenants are prepared to increase the rent to £850 PCM, which promises an attractive rental yield for investors. This property is not only a sound financial investment but also a secure one with tenants already in situ.
Property & area intelligence
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Nearby essentials
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Transport
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Healthcare
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Shops
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Your mortgage
Monthly payment
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | £4,800 | £0 | £115,200 |
| 2 | £4,800 | £0 | £110,400 |
| 3 | £4,800 | £0 | £105,600 |
| 4 | £4,800 | £0 | £100,800 |
| 5 | £4,800 | £0 | £96,000 |
| 6 | £4,800 | £0 | £91,200 |
| 7 | £4,800 | £0 | £86,400 |
| 8 | £4,800 | £0 | £81,600 |
| 9 | £4,800 | £0 | £76,800 |
| 10 | £4,800 | £0 | £72,000 |
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