Studio flat for sale

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Studio flat for sale

Clippers Quay, Manchester, Greater Manchester, M50
£100,000

Our Summary

  • Investment Information Apartment Address's: 232 Abito, 4 Clippers Quay, Salford M50 3BL Asking Price: £100,000 Number Of Bedrooms: Studio Purchase Type: Cash buyers only Tenure: Leasehold (136 years remaining) Ground Rent: £200 per annum Service Charge: £1,459 per annum EWS1 Cert: Yes Council Tax Bank: B Apartment 232 Current Rent: £800pcm Tenancy Strat Date: 04/10/23 Tenancy End Date: 03/10/24 Gross Yield: 9

Description

For sale at £100,000, this studio apartment is located in Salford, with 136 years remaining on the leasehold. The property has a ground rent of £200 per annum and a service charge of £1,459 per annum, and is eligible for an EWS1 certification. The current rent is £800 per month, with a tenancy start date of October 4, 2023, and a tenancy end date of October 3, 2024. The gross yield is 9.6%, and the net yield is 8.0%. The property is only available to cash buyers.
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