2 Bed Flat, Single Let, Oldham, OL9 9BA, £50,000

Lansdowne Court, Chadderton, OL9 9BA - 3 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 15%
~68 m²
+13 photos

ValuationUndervalued











Cashflows



































Property History

Listed for £50,000

January 13, 2025

Floor Plans

Description

  • INVESTMENT BTL OPPORTUNITY +
  • LONG TERM TENANT PAYING £460PCM +
  • GROSS YIELD 11.04% +
  • NET YIELD 9.24% +
  • TWO BEDROOMS +
  • SHOWER ROOM +
  • GREAT LOCATION +
  • ALL COMPLIANCE CERTIFCATES IN PLACE +
  • EPC RATING - C +
  • COUNCIL TAX BAND - A +

SUMMARY
A FANTASTIC Buy To Let Opportunity generating a BRILLIANT Gross Yield of 11.04%.

Being sold with a long term tenant in situ, this opportunity is only open to Investors. The apartment briefly comprises of entrance hallway, lounge and separate kitchen, two bedrooms and a shower room, with separate WC.

We are expecting a lot of interest on this property so please call us to arrange a viewing.

Martin & Co currently, successfully, manage this property and would be happy to make a smooth transfer of management to the new owner.  

HALLWAY 21' 7" x 15' 1" (6.60m x 4.62m)
Neutral decor, carpet, radiator
 

LOUNGE 16' 4" x 11' 9" (5m x 3.60m)
Neutral decor, carpet, radiator, UPVC window, curtains
 

KITCHEN 16' 8" x 5' 10" (5.10m x 1.80m)
Neutral decor, a range of wall and base units, stainless steel sink, vinyl floor, UPVC window, radiator 

BEDROOM ONE 13' 1" x 11' 1" (4m x 3.40m)
Neutral decor, carpet, UPVC window, radiator 

BEDROOM TWO 13' 1" x 10' 2" (4m x 3.10m)
Neutral decor, carpet, UPVC window, radiator 

SHOWER ROOM 5' 6" x 4' 11" (1.70m x 1.50m)
Neutral decor, partially tiled walls, shower cubicle, hand wash basin, UPVC window, radiator 

TOILET ROOM 4' 7" x 2' 7" (1.40m x 0.80m)
Toilet, laminate flooring 

EXTERNAL
Unallocated parking  

BUILDING CHARGES
Service charge: £900.24pa
Ground rent: £10pa 

RESERVATION FEE
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. 

MATERIAL INFORMATION
The building has a potentially flammable covering or cladding.
There has been no accessibility adaptations made.
No restrictive covenants on the land
The property has a fob access system.
Building material - reinforced concrete
The older flooring tiles contain asbestos.

Agent Details

Martin & Co, Rochdale & Oldham

01706 335881

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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