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1 bed flat
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Price History
Our Summary
- SALES BROCHURE - 5 Mayfair Court, Prestwich, M7 3WZ Asking Price: £130,000 Tenure: Leasehold (999 years from 1987) Tenanted Investment - £800 PCM Rental Income ________________________________________ A Fully Refurbished, Turn-Key Investment Opportunity in Prestwich Introducing 5 Mayfair Court, a beautifully refurbished one-bedroom, second-floor apartment ideally positioned in one of Greater Manchester's most desirable and consistently high-performing rental locations
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Description
Here is a summarized version of the property description in a single paragraph:
For sale is a fully refurbished one-bedroom apartment at 5 Mayfair Court, Prestwich, with a 999-year lease and zero ground rent. The property is currently tenanted and producing £800 per month, providing a strong and secure investment opportunity. The apartment has been modernized to a high standard, with a bright and well-proportioned living space, contemporary kitchen and bathroom. The property has low outgoings, with a service charge of approximately £140 per month, and the current tenant is reliable and in place. The gross yield is 7.38%, with a net yield of 6.1% after service charges. The property is offered with a comprehensive lettings and property management service, providing a single point of contact for landlords and minimizing costs and maximizing efficiency across their portfolio.