Kersal Road, Manchester M25 1 bed flat for sale

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Kersal Road, Manchester M25 1 bed flat for sale

Kersal Road, Manchester M25
£67,500

Our Summary

  • Available to cash buyers with a quick sale offering is this lovely one-bedroom apartment that has undergone a full refurbishment within the last couple of years
  • Offered with vacant possession and no onward chain this is not only a wonderful first time buy but is an excellent buy to let investment opportunity
  • 90 PAThis property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period

Description

This one-bedroom apartment is a fantastic opportunity for cash buyers, offering a quick sale with vacant possession and no onward chain. The property has been fully refurbished within the last two years and presents a wonderful first-time buy or buy-to-let investment opportunity. With a potential rental income of £750 per month, investors can benefit from a gross yield of 13.3%. Located on the border of Kersal Moor, the apartment is just a short distance from Moor Lane and Bury New Road, making it an ideal location for a stroll into the village or driving to the city or beyond. The property is situated in a well-presented period conversion block and features a welcoming living space, modern kitchen, separate shower room, and double bedroom. With a 296-year lease remaining, a peppercorn ground rent, and a service charge of £600 per year, this property is a great find for anyone looking for a hassle-free investment or first-time home.