1 bedroom flat for sale

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1 bedroom flat for sale

Beaumont Grove, Orrell, WN5 0BT
£85,000

Our Summary

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Description

This first-floor flat/maisonette is a lucrative investment opportunity or a great choice for first-time buyers. The property features freshly decorated accommodation with a spacious bedroom, modern fitted kitchen, and bathroom, as well as gas central heating and double glazing. With an energy rating of D, it's energy efficient and located close to local amenities, motorways, and rail networks. The property has a reliable tenant in situ, paying £700 per month, and with a management fee of just £22 per month, it's expected to provide a healthy yield of at least 9.2%. The lease term is 125 years from September 1991, making it a stable and attractive investment opportunity.