Chapel Street - SECURED - 3 Bedrooms Terraced

Located within the residential area of Dukinfield, this 3 bedroom is ideally positioned for access to all local shops, facilities and bus routes.

The property is in close proximity of the neighbouring transport links including the trains, trams and motorway networks.

The accommodation comprises lounge, dining and kitchen downstairs, three bedrooms with shared bathroom upstairs.

Tenanted - The tenants have been living in the property for the past 10 years

Optional refurb (after the tenant leaves) - Total: £13,750 + VAT

• Professional cleaning 300

• Boiler service/Gas safe certificate 350

• Roof/gutter repair 500

• Consumer unit 500

• Electrical certificate/smoke detectors 450

• Painting and decorating 3000

• Carpets 3000

• New doors 1750

• Various repairs (bathroom and kitchen updating, electrical etc) 2700

• Project management 1200

Estimated Rental after Refurbishment:

• Currently £750

• On-market potential rent £1050

Estimated Rental Yield: Currently 6.00% - Potential 7.57%

Comparables

176 Chapel Street - 3 Bedrooms Terraced - Sold for £180,400 on 29 Jul 2022

https://www.rightmove.co.uk/house-prices/details/england-122245022-16320841?s=17fdce98c26a32d268a92b9cbe0b0aaddd26e1bc5549876941020a0e8eca2581#/

238 Chapel Street - 3 Bedrooms Terraced - Sold for £167,000 on 24 Feb 2023

https://www.rightmove.co.uk/house-prices/details/england-128185196-18147190?s=0c8c511bb7fe6fbf3a007e811659eb3b08385a42fdc12966aadbe5e66ca3b06f#/