Hafton Road 1, Salford
This was our first out of two properties that we own on Hafton Road in Salford, it is a warm house perfect for working tenants. With a mixture of en-suites and double rooms the tenants enjoy U21 Manchester United’s training grounds directly behind the property. Take a look at the numbers below, keeping in mind that this is on a 85% LTV Mortgage, this is another one of our cash generating machines.
The Numbers.
Purchase price | Construction Cost | Gross Rent PA | Net Rent PA | Yield | Money Left in | ROI |
---|---|---|---|---|---|---|
£84,500 | £45,750 | £21,096 | £13,296 | 15% | £25,250 | 53% |
Its all about teamwork.
We have a great team in place that allowed us to complete the project quickly and to the highest of standards. Being one of our working houses, we followed our house style to ensure the tenants feel welcome when they finish their shift.