* Leasehold
* 2 Double Bedrooms
* Open Plan Living/Kitchen Space
* Allocated Parking
* Popular Residential Area
* Tenant In Situ
* Gross Yield Of 7. 1%
Pure Investor are delighted to bring to the market this ground floor two
bedroom apartment situated in Haughton. The apartment is ideal for buyers
looking to take advantage of the range of reputable schools that are readily
available whilst also benefitting from a selection of excellent local
amenities and a wealth of transport links.
Offered to the market with a tenant in situ and available for rental
investment purchase only this two bedroom ground floor apartment provides a
yield of around 7. 1% and has the potential with a rent review to achieve
8. 25%. Internally the property comprises of; entrance hall with storage
cupboard, spacious open - plan lounge with kitchen area, master bedroom,
additional bedroom, family bathroom.
Externally the property has allocated parking for one car. Viewings are highly
advised
Investment Information
Full Address: Apartment 4, Warwick Court, Haughton Green Denton M34 7XF
Asking Price: £100, 000
Property Type: 2 Bedroom, ground floor apartment
Allocated parking space
Tenure: Leasehold – 125 years remaining as of the 1st Jan 2020
Tenancy: Tenants in situ for the past 3 years, now on a rolling contract
Current Rental Income: £595pcm
Annual Rental Income: £7, 140
Ground Rent: £125 per annum
Service Charge: £113pcm
Gross Yield: 7. 1%
Net Yield: 5. 6%

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