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No longer on the market

This property is no longer on the market

Front
Lounge
Kitchen
Bedroom
Shower Room
Lounge
Bedroom
EPC Rating Graph

1 bedroom flat

Featured
Auction
Chain-free
Sold STC
Flat
1 bed
1 bath
316
EPC rating: C
Added > 14 days

Key information

TenureLeasehold | 295 yrs left
Service charge£600 per annum
Council taxBand A
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • No Chain
  • Excellent condition
  • Potential 9.46% gross yield
  • Ideal first time buy
  • Small, converted apartment building
  • Low maintenance fees
Available to cash buyers with a quick sale offering is this lovely one-bedroom apartment that has undergone a full refurbishment within the last couple of years. Offered with vacant possession and no onward chain this is not only a wonderful first time buy but is an excellent buy to let investment opportunity. With a potential rental income of £750 pcm, any buy to let investor can benefit from an impressive gross yield in the region of 13.3%!

On the border of Kersal Moor and only a short distance from Moor Lane and Bury New Road the apartment sits in the perfect position for a stroll into the village or driving out into the City or beyond.

The block itself is well-presented and a lovely example of a period conversion.
The apartment comprises a welcoming living space open onto the modern kitchen area. There is a separate shower room off and double bedroom to the rear.

Council Tax A
EPC Rating C

Leasehold 296 years remaining
Service charge £600 PA
Ground rent peppercorn
Building Insurance £108.90 PA

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 is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
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 £960 inc. VAT. These services are optional.

Property information from this agent

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About this agent

Thornley Groves - Prestwich
Thornley Groves - Prestwich
493 Bury New Prestwich M25 1AD
0161 506 3572
Full profileProperty listings
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.
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