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2 Bed Flat, Potential PLO/LOA, Manchester, M26 3BS £97,000

Canalside, Radcliffe, M26 3BS - a year ago
  1. Deal Search
  2. Manchester
  3. M26
  4. M26 3BS
Leasehold
BTL
Negative Equity
ROI: 3%
~53 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Property History

Listed for £97,000

-14%

January 16, 2025

Sold for £110,287

2007

Floor Plans

Description

  • BTL INVESTMENT +
  • Tenant In Situ +
  • £750PCM +
  • Two Bedrooms +
  • Two Bathrooms +
  • Top Floor Apartment +
  • Full Length Balcony +
  • Gross Yield 9.28% +
  • Council Tax Band - A +
  • EPC Rating - D +

SUMMARY
A fantastic Buy To Let opportunity is available in Canalside. This is a Top Floor, Two Bedroom apartment sold with a sitting tenant paying £675pcm - generating a gross yield of 8.35%.

Well presented and well looked after by the current tenant, the apartment offers entrance hallway leading to spacious lounge and kitchen, two good sized bedrooms with the main bedroom benefitting from an en-suite, and a family bathroom. There is also a full length balcony with access points from the lounge and the master bedroom.

Martin & Co currently manage the tenancy and would be able to facilitate a smooth transfer of management to the new owner.  

HALLWAY 15' 3" x 6' 2" (4.66m x 1.89m)
Neutral decor, laminate flooring, intercom 

LOUNGE 15' 1" x 10' 2" (4.60m x 3.10m)
Neutral decor, laminate flooring, electric heater, UPVC window and door, vertical blinds
 

KITCHEN 8' 10" x 6' 6" (2.70m x 2m)
Neutral decor, a range of wall and base units, stainless steel sink, tiled floor, UPVC window 

BEDROOM ONE 10' 9" x 9' 0" (3.30m x 2.76m)
Neutral decor, carpet, UPVC window and door, electric heater 

EN-SUITE 5' 10" x 4' 7" (1.80m x 1.42m)
Neutral decor, partially tiled walls, white toilet and wash hand basin, shower cubicle with sliding door, chrome towel rail / heater 

BEDROOM TWO 11' 5" x 5' 10" (3.50m x 1.80m)
Neutral decor, carpet, UPVC window, electric heater 

CERTIFICATES IN PLACE
EICR
EPC 

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. 

MATERIAL INFORMATION
Please see the material information brochure here;

 

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.

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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