>
2 bedroom flat for sale
Ashworth Street, M26
£110,000
Ashworth Street, M26
£110,000
Our Summary
- We are pleased to present this two-bedroom ground-floor apartment at Ashworth Court, Radcliffe, offering a fantastic investment opportunity in a sought-after location and with a soon-to-be rental income of £875pcm per calendar month (£8,100 per annum) as of the 24th of April 2025, providing reliable and consistent returns
- The property could do with some decluttering if a new tenant was to be found and a decroration and modernising, however, the current tenant as mentioned is happy in the property, paying on time and paying market rate
- Buy-To-Let Investment Opportunity
Description
This two-bedroom ground-floor apartment at Ashworth Court, Radcliffe, is a fantastic investment opportunity offering a soon-to-be rental income of £875 per calendar month (£8,100 per annum) as of April 2025. The current tenant has been in situ for several years, paying rent on time and market rate. The property could benefit from some decluttering and modernizing, but the current tenant is happy to stay. With a 968-year lease remaining, service charges of approximately £95 per month, and ground rent of £50 per annum, this property provides a gross yield of 9.5% and a net yield of 8.5%. As a result, it is an ideal investment for those seeking a low-maintenance, high-return investment in a desirable location.