- BTL Investment Opportunity +
- Long Term Tenant - In - Situ +
- Current Rent £725pcm +
- Gross Yield 7.91% +
- Two Bedroom Apartment +
- Ground Floor +
- All Compliance Certificates In Place +
- Leasehold +
- EPC Rating +
- Council Tax Band - A +
SUMMARY
Martin & Co are delighted to offer For Sale this tenanted BTL investment comprising of a spacious and well presented / maintained two bedroom ground floor apartment, ideally located for commutes to Rochdale, Royton, Oldham and Manchester.
The apartment consists of an entrance hallway with storeroom, lounge, kitchen with integrated electric oven and hob, free standing fridge / freezer and washing machine. There are two bedrooms, one with fitted wardrobes and a family bathroom with overhead shower.
The property is currently receiving a rental income of £725 pcm generating a gross yield of 7.91% at the asking price.
As Martin & Co currently manage the Property / Tenancy, we would be able to facilitate the smooth transfer to the new Landlord owner whilst retaining management of the property. Therefore providing the new owner / landlord with instant income and a true turn key investment.
Early viewings are recommended!
LOUNGE 12' 5" x 10' 9" (3.80m x 3.30m)
Neutral decor, carpet, , radiator, UPVC window, vertical blinds
KITCHEN 14' 7" x 9' 2" (4.45m x 2.80m)
Neutral decor, a range of wall and base units, stainless steel sink, vinyl floor, UPVC window, radiator
BEDROOM ONE 10' 9" x 9' 10" (3.30m x 3m)
Neutral decor, carpet, UPVC window, radiator
BEDROOM TWO 10' 9" x 7' 10" (3.30m x 2.40m)
Neutral decor, carpet, UPVC window, radiator
BATHROOM 7' 6" x 5' 6" (2.30m x 1.70m)
Neutral decor, partially tiled walls, white three piece bathroom suite, radiator
EXTERNAL
BUYER CHECKS
Please note, we must carry out Due Diligence on all properties which includes buyer and seller AML (Anti-Money Laundering) checks. To complete the checks there is a £25 payment per buyer which will need to be paid prior to the property being taken off the market.
MATERIAL INFORMATION
Service charge:
Ground rent:
Leashold: 178 years remaining
For further material information, please see our material information brochure.
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.