5 bedroom detached house

Fully Let Specialist Investment Property For Sale:

Ideal for the investor looking to extend their property portfolio specifically in the residential CARE/ASSISTED LIVING sector. The property contained in this offering to market consist of a well appointment and sympathetic chapel conversion (2015) currently occupied by Golden Lane Housing/Caretec and provides for spacious accommodation to include lounge, dining/sitting room, fully fitted kitchen, utility room, WC and bedroom to the ground floor, with three further bedrooms, an office/further bedroom if required and two bathrooms to the first floor. 

The property shares the enclosed gated forecourt/parking and benefit from private garden areas to the rear.

Currently occupied by CARE/ASSISTED LIVING providers on the remaining terms of repairing leases, the income produced is £2000pcm (£24,000/annum) to Golden Lane Housing/Caretec - - this would give a 5.92% Yield on investment to any purchaser, but the vendor would consider an offer for quick sale which would equate to a R.O.I in the region of 6% gross. 

Viewings are strictly by appointment only and any enquiries should be directed to Kirkham Properties Commercial Department in Chadderton.