*Guide | £45,000+ (plus fees)
- Flat
- 1 Bedroom
- Tenure: Leasehold
Call the team on 0161 925 3254 for more information
Investment Opportunity!!
Ground floor apartment being sold with a tenant in situ. A fantastic opportunity to add to an existing portfolio or start with an already tenanted investment producing an income of £525.00 pcm / £6,300 pa which equates a gross yield of 14% when based on the guide price. This apartment comprises: reception/inner hall, generous open plan lounge/kitchen, double bedrooms and bathroom/w.c. Externally there is a residents car park. Conveniently located just off Manchester Road, Biwater House offers easy access to the M62 motorway. The flat is within close proximity to shops, amenities, and transport links, ensuring a convenient lifestyle for residents. Auction House Manchester are yet to inspect the property, pictures provided dated Aug 2024. Lease term - 125 years from 1 January 2016 Ground Rent - £700 per annum Service Charge - £1584.12 per annum
Tenure
Leasehold
ACCOMMODATION
Living Room Kitchen Bedroom Bathroom
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
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 - In addition to the deposit Purchasers will be required to pay an administration fee of 1.5% inc VAT, subject to a minimum of £2,100 inc VAT.
Disbursements - Search Fees: £360 inc VAT.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
