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2 bed bungalow
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Our Summary
- All four properties are currently tenanted and professionally managed by Harrisons Estate Agents, allowing for a genuinely hands-off investment opportunity with established rental income already in place
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Description
The property is a turn-key investment portfolio of four detached lodges/bungalows located on Cedar Wood Court, Chorley New Road, Heaton. Each of the two-bedroom bungalows features a Scandinavian-inspired design, with modern interiors, energy-efficient features, and practical single-level living. The properties benefit from double glazing, underfloor heating, and contemporary finishes, as well as private gardens with decking areas.
Internally, each bungalow comprises an open-plan lounge and kitchen area, two well-proportioned bedrooms, and a modern bathroom. The portfolio currently generates a combined rental income of approximately £48,000 per annum, offering an approximate gross rental yield of 6.4%.