2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (121 years remaining)
- 2 Double Bedrooms
- Open Plan Living/Kitchen Space
- Allocated Parking
- Popular Residential Area
- Tenant In Situ
- Gross Yield Of 7.1%
Pure Investor are delighted to bring to the market this ground floor two bedroom apartment situated in Haughton. The apartment is ideal for buyers looking to take advantage of the range of reputable schools that are readily available whilst also benefitting from a selection of excellent local amenities and a wealth of transport links.
Offered to the market with a tenant in situ and available for rental investment purchase only this two bedroom ground floor apartment provides a yield of around 7.1% and has the potential with a rent review to achieve 8.25%. Internally the property comprises of; entrance hall with storage cupboard, spacious open-plan lounge with kitchen area, master bedroom, additional bedroom, family bathroom.
Externally the property has allocated parking for one car. Viewings are highly advised
Investment Information
Full Address: Apartment 4, Warwick Court, Haughton Green Denton M34 7XF
Asking Price: £100,000
Property Type: 2 Bedroom, ground floor apartment
Allocated parking space
Tenure: Leasehold – 125 years remaining as of the 1st Jan 2020
Tenancy: Tenants in situ for the past 3 years, now on a rolling contract
Current Rental Income: £595pcm
Annual Rental Income: £7,140
Ground Rent: £125 per annum
Service Charge: £113pcm
Gross Yield: 7.1%
Net Yield: 5.6%
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on July 31, 2023
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on July 31, 2023
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 14, 2020 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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