Repossessed House Prices in Manchester

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Sadly, there is no way of knowing when money will return to the property sector; however, this disability provides the key to making money from the property market. It is currently entirely possible to invest in a BMV (below market value) property and earn enough rent from it to cover the mortgage. At the end of the day, whether you sell or live in the property, it will have paid for itself. As the rental market is growing year-on-year, there couldn’t be a better time to invest in the distressed and repossessed property markets.

Manchester offers superb investment opportunities. In fact, it is ranked among the top ten property investment locations and has the largest economic power in the UK after London.

respossessed properties manchester

Repossessed Properties in Manchester

  • Two-bedroom end-terrace house valued at £95,000; investor price £71,250. Rental value of £425pcm representing a gross yield of 7.7%
  • Off-plan apartments close to Manchester City Centre being offered at 30% BMV and promising a gross yield of 10%
  • Four-bed large semi-detached family home in need of cosmetic renovation in Lytham St Annes on the market for £249,950

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