Studio flat for sale

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Studio flat for sale

Jubilee Rd/Dale Rd, Middleton - Fully let income producing investment achieving £16,200 per annum
£125,000

Our Summary

  • For sale by online auction starting on Tuesday 15th April 2025, bidding will be on the Auction Agent website
  • Buyers are advised to check the legal pack before bidding for details of the lot and fees, this will be available on the Auction Agent website once received
  • Buyers are also advised to check the website for any updates to the lot before the auction
  • - Ideal Investment Opportunity

Description

This mixed-use property is being sold by online auction, starting on April 15th, 2025. The property features a ground floor cafe with a fully functioning kitchen and preparation area, as well as a self-contained flat on the first floor. The cafe is currently let, generating an annual rental income of £16,200, which represents a nearly 13% return on investment. The flat has been recently refurbished and benefits from electric heaters and uPVC double glazing. The property is located in Middleton Town Centre, close to local amenities, and is being sold fully let with an assured shorthold tenancy subject to yearly rent reviews. The guide price for the property is £125,000 to £150,000, making it an attractive buy-to-let investment opportunity.
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