Studio for sale
Key information
Property description & features
- STUDIO APARTMENT
- CURRENTLY TENANTED
- CURRENT RENT £475PCM
- GROSS YIELD 8.77%
- GROUND FLOOR
- CLOSE TO LOCAL AMENITIES
- GAS COMBI HEATING
- SERVICE CHARGE £758.14 PA
- EPC - C
- COUNCIL TAX - BAND A
A ground floor studio apartment available For Sale as an INVESTMENT OPPORTUNITY.
This property currently has a TENANT IN SITU paying £475PCM, generating a gross yield of 8.77%.
The studio briefly comprises of an open plan living room / bedroom, separate kitchen with integrated oven/hob & washing machine and a bathroom with overhead shower.
As Martin & Co currently manage the Tenancy, we would be able to facilitate the smooth transfer of the property / tenancy to the new Landlord owner, including Martin & Co's Rent Guarantee & Legal Costs Cover should we retain management of the property.
HALLWAY 3' 0" x 8' 1" (0.91m x 2.46m)
Neutral decor, carpet, UPVC door, storeroom
LIVING ROOM AREA 9' 6" x 9' 10" (2.9m x 3m)
Neutral decor, laminate flooring, radiator, UPVC window
BEDROOM AREA 8' 6" x 9' 6" (2.59m x 2.9m)
Neutral decor, carpet
KITCHEN 6' 7" x 6' 10" (2.01m x 2.08m)
Neutral decor, a range of wall and base units, SS sink, vinyl flooring, UPVC window, integrated oven/hob and a washing machine
BATHROOM 8' 3" x 6' 6" (2.51m x 1.98m)
Neutral decor, partially tiled walls, three piece bathroom suite with overhead shower, UPVC window, radiator
LEASEHOLD INFORMATION 999 Years From 25 December 1982 of which there are 958 years remaining on the lease.
Service charge: £758.41 per annum.
LOOKING TO SELL OR RENT YOUR PROPERTY?
At Martin & Co we have over 25 years' experience working with landlords, tenants, sellers, buyers and investors.
We have over 160 owner managed offices throughout the UK ready to help you let a property, rent a new home, buy or sell.
Don't take our word for it, let our actions convince you!!
Martin & Co Rochdale and Bury are licensed and regulated by The Property Ombudsman, ARLA and NAEA Propertymark for your peace of mind.
Please contact our office today to discuss your individual requirements, or to arrange a free no obligation valuation.
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.
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.
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Property reference 100970004214. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co - Rochdale.
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Broadband availability and predicted speed: obtained from Ofcom on July 28, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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 28, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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 December 18, 2019 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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