Guide price
£67,500
1 bed flat for saleKersal Road, Prestwich, Manchester, Greater Manchester M25
1 bed
1 bath
1 reception
EPC Rating: C
Chain free
Auction
Leasehold
About this property
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.
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.
More information
Tenure
Leasehold (295 years)
Service charge
£600 per year
Council tax band
A
Ground rent
Ground rent date of next review
.png){kind=logo}