Private Property Club: South Avenue (Fully Subscribed)

The Investment

This investment property was sourced due to its excellent location and potential for capital growth. The property is a large 2 bedroom house and is a perfect buy to let investment because of its attractiveness to tenants. The property was purchased at an excellent price with around 20% equity due to a desperate seller. World 16 provided the property with a full refurbishment including a new kitchen, a new bathroom and a full re-wiring to ensure that the property stays low maintenance and most importantly, low cost. As the property was sourced in an extremely desirable location, World 16 managed to find a tenant within 1 week of the refurbishment completion date, further adding value to the investment. This Private Property Club has been completely flawless and looks to be a great investment for everyone involved.

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Investment Details

Completion Date

January 2008

Property Location

Swinton, Manchester

Investment Term

7 Years

Investors

15

Investment Amount

£3000

Property Location

9 South Avenue is situated in a high owner occupied area on the Swinton/Monton border in one of the most desirable parts of the town. The property is located ½ mile from Monton town centre which has coffee shops, bistros and all nessesary local amenities. It is also within 1 mile of Swinton town centre which has many shopping facilities, restaurants and bars. South Avenue is also within 3 miles of the largest shopping outlet in Europe; The Trafford Centre, making it a very highly desirable location. With the house also being just under 3 miles of Manchester City Centre, it has all of the benefits of of living near a city centre but with the luxuries suburbian living.

 

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