2 bedroom apartment for sale

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2 bedroom apartment for sale

Langcliffe Place, Ringley Lock Stoneclough, Radcliffe M26
£125,000

Our Summary

  • An ideal investment opportunity with tenants already in place, generating a gross yield of 6

Description

This modern two-bedroom apartment in Stoneclough village offers a tranquil atmosphere, with picturesque views of the River Irwell and surrounding countryside. The property is set within a charming village, providing a peaceful retreat while still being conveniently located near motorway and railway networks, making it an ideal investment opportunity. The apartment features a spacious lounge/kitchen area, two well-proportioned bedrooms, and a stylish bathroom suite. With communal gardens and allocated off-road parking, this property offers a strong rental yield of 6.9% at £725 per month. The leasehold property has a term of 250 years, with ground rent and service charges payable annually and bi-annually, respectively. With an EPC rating of C, this property presents an attractive opportunity for investors seeking a well-maintained property in a desirable location.
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