Studio for sale
Key information
Property description & features
- Tenure: Leasehold
- INVESTMENT OPPORTUNITY
- 8.4% Annual Yield
- Tenant Paying £525
- Sold With Sitting Tenant
- Studio Apartment
- Positioned On The Sixth Floor
- Lift To All Floors
- Open Views Of Oldham
With a £6,300 annual rental income equates to a fantastic return of 8.4% yield.
The property is offered for sale with a tenant in situ running until January 2024 paying £525 per calendar month.
Comprising of; main communal entrance with lifts to all floors, flat entrance, living room/ kitchen/ bedroom combined plus shower room. There are no plumbing facilities within the apartment itself, communal paid washing facilities are positioned at basement level.
This apartment is sold as furnished with; a double bed, sofa, wardrobe storage, dining table, TV stand, fridge, microwave, hob and shower room. There is also an intercom entry system for visitors and an integrated fire alarm system.
There are also excellent nearby transport links, with routes to Manchester City Centre and surrounding areas.
This apartment does NOT come with parking facilities.
EPC Rating = B
Council Tax Band = A
Leasehold
Lease Information = 247 years on lease
Ground Rent Charge = £500 per annum
Service Charge = £113 per month
Places of interest
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
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Energy Performance data and Internal floor area: obtained on September 17, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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