Two-bed off Wilmslow Road with a rear yard and no onward chain. Rewired in 2023, so the first five years should be quiet.
Why this one
Rusholme is a boring rental market in the best sense. Two-beds off Wilmslow Road let inside a fortnight, and the 2023 rewire means the first five years should be quiet on maintenance.
What we would watch
The yard is north facing and small, which caps what you can charge against a comparable house with a garden. Price the rent at £825, not the £875 the selling agent will suggest.
Run it with your own deposit and rate
The price and rent below are already this property’s. Change the deposit, the rate or the mortgage type and every figure updates.
This deal
Mortgage type
Gross yield6.97%
Stamp duty£7,440
Deposit£35,500
Monthly interest£479
Monthly cashflow£346
Total cash in£45,440
Cash-on-cash return9.13%
England & NI rates including the 5% additional-dwelling surcharge. Figures are an estimate, not tax advice.