Sold £96,000
- Flat
- 2 Bedrooms
- Tenure: Leasehold. The property is held on a 250 year lease from 5th September 1996 (thus approximately 222 years unexpired).
Call the team on 020 7625 9007 for more information
A Second Floor Two Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £12,000 Per Annum (Reflecting a Gross Initial Yield of 13%)
The property comprises a second floor two bedroom flat situated within a purpose built block arranged over ground and four upper floors.
Tenure
Leasehold. The property is held on a 250 year lease from 5th September 1996 (thus approximately 222 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Hulme Park are within easy reach. Transport links are provided by Manchester Oxford Road rail station.
Accommodation
Second Floor Reception Room with Open-Plan Kitchen Two Bedrooms Bathroom
Exterior
The property benefits from two large balconies.
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £1,000 per calendar month.
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 - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
