- Investment BTL Opportunity +
- Two Bedroom Apartment +
- Tenanted at £560 PCM +
- Integrated Kitchen Appliances +
- Open Plan Living +
- Neutral Decor Throughout +
- Gas Combi Central Heating +
- Communual Gardens +
- Council Tax Band - B +
- EPC - B +
SUMMARY Martin & Co are pleased to bring to market a fantastic turnkey BTL INVESTMENT opportunity!
Offered with a TENANT IN SITU, this TWO BEDROOM apartment is located in the popular Lower Healey district of Rochdale.
The apartment briefly comprises of an entrance hallway, two bedrooms, a family bathroom and open plan lounge/kitchen.
The property also benefits from Gas Central Heating, UPVC windows and secure gated, ample parking
The property is currently receiving a rental income of £560pcm generating a healthy gross yield of 5.6%. As Martin & Co currently manage the Tenancy, we would be able to facilitate the smooth transfer of the property / tenancy to the new Landlord owner, including Martin & Co's Rent Guarantee & Legal Costs Cover should we retain management of the property.
We have received an offer of £101,000. Any further offers need to be submitted to Martin & Co Rochdale within 5 days of this public notice (28.04.2024)
LOUNGE/ KITCHEN/ DINER 17' 11" x 22' 11" (5.46m x 6.99m)
Neutral decor, laminate, radiator, UPVC French doors with Juliet balcony, vertical blinds. Modern fitted kitchen with SS sink, integrated washing machine and fridge/ freezer.
BATHROOM 5' 6" x 11' 5" (1.68m x 3.48m)
Neutral decor, partially tiled walls, tiled flooring, white three piece bathroom suite with shower overhead, chrome towel rail, UPVC window, radiator
MASTER BEDROOM 11' 5" x 13' 2" (3.48m x 4.01m)
Neutral decor, carpet, UPVC window, radiator
BEDROOM 2 9' 9" x 8' 8" (2.97m x 2.64m)
Neutral decor, laminate flooring, UPVC window, radiator
EXTERNALS
Ample resident and visitor parking to the rear of the apartment block
LEASEHOLD INFORMATION
999 years from 1st January 2005 of which there are 983 years remaining on the lease.
Ground rent: £100 per annum
Service Charge: £900 per annum
LOOKING TO SELL OR RENT YOUR PROPERTY?
At Martin & Co we have over 25 years' experience working with landlords, tenants, sellers, buyers and investors.
We have over 160 owner managed offices throughout the UK ready to help you let a property, rent a new home, buy or sell.
Don't take our word for it, let our actions convince you!!
Martin & Co Rochdale and Bury are licensed and regulated by The Property Ombudsman, ARLA and NAEA Propertymark for your peace of mind.
Please contact our office today to discuss your individual requirements, or to arrange a free no obligation valuation.
NEED A MORTGAGE?
Why be restricted to your current or high street lenders rates?
Especially when Martin & Co can introduce you to our Mortgage Advisor with access to a comprehensive panel of over 80 lenders, including a range of off market products, offering potential savings against your current lender.
Call today to arrange a ten-minute (no obligation) telephone consultation (at a time to suit you)
One quick call could potentially save you thousands of pounds over the course of your mortgage.
Please remember, your home is at risk if you do not keep up with your mortgage repayments.
RESERVATION AGREEMENT
Should you be successful in your offer to purchase the property and in order to place the property "under offer", you may be required to complete a reservation agreement and pay a (refundable at completion) reservation fee, details available upon request.