Booth Street, Ashton Under Lyne, OL6 7LD
£130,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Apartment
517 sq ft
2 Bedrooms
1 Bathroom
Tenure - Leasehold
Ground rent
£1
Overview
This 2-bedroom apartment block on Booth Street, Ashton-under-Lyne, is listed for £130,000, with an expected annual rent of £15,000 (£625 pcm per unit). The property requires a refurbishment budget of approximately £25,000. It offers a gross yield of 11.6% before refurbishment, which drops to 9.7% after the refurb. The leasehold property has a lease length of 960 years, no service charge, and a peppercorn ground rent. With a total investment of £39,875, this buy-to-let opportunity provides a net annual cash flow of £10,116. The property is located near Ashton-under-Lyne station, making it a solid investment in the area.
What our customers say about us
Mala
Buy-to-let investor
“Very good service and easy to use for your BTL journey and the best part is you can do big transactions without any hessle. Highly recommend GetGround services to anyone want to start their BTL journey.”
Raghda
Buy-to-let investor
“GetGround manages my property from A to Z. The process from the beginning until today is running smoothly. They provided consultation, step by step setup guide, and also the response rate was very high when I contacted their customer care department.”
Ho Chuen
Buy-to-let investor
“The Get ground team is always quick to respond to my queries, both of the UK and HK branches' contacts. I recommend their system and service as a BTL investor.”
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