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6 Tenanted Two Bedroomed Apartments in a Self Contained Block Producing £38,400pa
6 Tenanted Two Bedroomed Apartments in a Self Contained Block Producing £38,400pa. This Three storey, Freehold, Block of 6 Apartments offers a great investment opportunity being easily managed and entirely in the control of the owner. Each Apartment comprises, Hall, Lounge, Kitchen, Two Bedrooms and Bathroom. There are private communal gardens and designated parking. All the Apartments are tenanted and produce a Gross Income of £38,400pa/£3,200pcm. Excellent location in the popular Hurst Cross area with easy access to Ashton under Lyne & Oldham Town Centres, M60 Motorway and Tameside Hospital. This is a rare opportunity to acquire a freehold investment of this quality producing an excellent income. Please note the internal pictures have been provided by the vendor and were taken prior to a tenant moving in.
Tenure
See legal pack
Description & Tenancies
Ground Floor
Communal Entrance No. 10 - £6,600pa/£550pcm No. 11 - £5,700pa/£475pcm
First Floor
Landing No. 9 - £6,600pa/£550pcm No. 15 - £6,600pa/£550pcm
Second Floor
Landing No. 12 - £6,300pa/£525pcm No. 14 - £6,600pa/£550pcm
Outside
There are private communal Gardens and designated car parking spaces.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Tameside Metropolitan Borough Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1200 inc VAT.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.