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 2036
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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
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.”
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Buy-to-let investor
“Really easy to do business with and get setup. This company is transforming the way companies are setup, business is done and accounts are done/settled. Amazing web site very intuitive! well done getground!”
Eric
Buy-to-let investor
“What I like about Get Ground is just how easy the team there are to deal with. The website is secure, clean and simple to navigate around. It allows you to have visibility of your property portfolio and all the associated documentation related to each property. The team will also take care of your annual accounts. All this for a very reasonable annual fee.”
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