Elm Tree Drive SK16 - Below Market Value 10K

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 / kitchen downstairs, three bedrooms with shared bathroom upstairs.

EPC rating: https://find-energy-certificate.service.gov.uk/energy-certificate/0340-2121-6260-2127-7805

The tenant is happy with how the property looks now, you will only need to refurbish the property when the tenant moves out.

Refurb when the tenant vacate the property - Total: £20,050 + VAT

• Electrical certificate/smoke detectors 450

• Painting and decorating 3000

• Carpets 3000

• Central heating(incl boiler, radiators) 5000

• New kitchen 5600

• Various repairs (joinery, electrical etc) 1200

• Project management 1800

The property is currently tenanted for £725 - Yield 5.61%. On the market potential of this property is £950 - Yield 6.37%

The price is £10,000 below market value.

Google Drive link with photos and video: https://drive.google.com/drive/folders/1xXMRUcLEQG7_CAX27SbGhlhakLwntOIq?usp=sharing