No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content
Picture No. 01
Picture No. 08
Picture No. 09
Guide price£55,000
Added > 14 days

1 bedroom flat for sale

Cardinal Court, Oldham OL1
Auction
Save
Flat
1 bed
1 bath
EPC rating: B*
301 sq ft / 28 sq m

Key information

Tenure: Leasehold | 246 yrs left
Ground rent: £500 per annum | review period: unconfirmed
Service charge: £1,356 per annum
Council tax: Band A
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (246 years remaining)
  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction
  • Current 11.4% rental yield
  • Potential 13% rental yield
The property has a current £6,300 annual rental income equating to a fantastic 11.4% yield. This has further potential to rise to £7,200 and 13% yield.

This studio flat comprises of combined living room/ kitchen/ bedroom plus shower room.

This apartment is sold as furnished with; a double bed, sofa, wardrobe storage, dining table, TV stand, fridge, microwave and hob. The development benefits from an intercom entry system for visitors and an integrated fire alarm system along with lift access to all floors.

There are also excellent nearby transport links, with routes to Manchester City Centre and surrounding areas.

EPC Rating = B

Council Tax Band = A

Leasehold
Lease Information = 247 years on lease

Ground Rent Charge = £500 per annum

Service Charge = £113 per month

Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional.

Property information from this agent

Places of interest

    Established in 1991 from a single estate agency branch in Altrincham, today Thornley Groves has 7 offices and employs over 80 staff. In 2020 we sold £108m of property, let over 1,700 properties and manage more than 2,700 houses and apartments for Landlords across North, South and Central Manchester.

    See more properties like this:

    *DISCLAIMER

    Property reference TGL230034. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Thornley Groves - Prestwich.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on September 17, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.