1 bedroom flat for sale

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1 bedroom flat for sale

Ashworth Street, M26
£90,000

Our Summary

  • Property Investment Opportunity: Ashworth Court, Radcliffe, M26 2XZ ## Property being sold with the current tenant in situ ## We are pleased to present this modern one-bedroom ground floor apartment at 1 Ashworth Court, Radcliffe, offering a fantastic investment opportunity in a sought-after location

Description

This modern one-bedroom ground floor apartment at 1 Ashworth Court, Radcliffe, is being sold with a current tenant in situ, generating a reliable rental income of £675 per month (£8,100 per annum). The property offers a fantastic investment opportunity, providing a gross yield of 9% and a net yield of 7.7%. The tenant has a desire to continue the tenancy, and the apartment is in Council Tax Band A, ensuring an affordable local tax rate. With an asking price of £90,000, this property is ideal for investors seeking a solid return in a desirable location, with minimal maintenance required. The property also comes with service charges of approximately £90 per month (£1,080 per annum) and ground rent of £50 per annum.