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Christ Church Hall, AccringtonPrice £60,000

1 Bedroom Apartment - conversion

  • Purchase price - £60,000
  • Monthly rental income - £400
  • Annual rental income - £4,800
  • Management fees - £720
  • Annual service charge £545
  • GROSS YIELD - 8%
  • NET YIELD - 5.89%

**GROSS YIELD 8%**

**NET YIELD 5.89**

Professionally managed by Property Shop for 5 years

(Property Ref: 1569)

OVERVIEW

This is an opportunity to purchase an apartment in a church conversion tucked away in the Christ Church area of Accrington. Set in old church grounds this old building has been converted into 10 comfortable apartments. The building has recently undergone a programme of works including new windows, driveway and car park resurfaced, electrical works and new electric heaters fitted.

SPECIFICATION

Ground floor apartment with shared entrance into a foyer entrance, then a separate entrance into the vestibule of the apartment. Living room, galley kitchen with free standing electric oven, double size bedroom and shower room. New electric heaters fitted.

LIVING ROOM

LIVING ROOM

4.5 x 3.1 (14'9" x 10'2")

GALLEY KITCHEN - VIEW 1

GALLEY KITCHEN - VIEW 1

2.9 x 2.0 (9'6" x 6'7")

GALLEY KITCHEN - VIEW 2

GALLEY KITCHEN - VIEW 2

2.9 x 2.0 (9'6" x 6'7")

BEDROOM

BEDROOM

3.7 x 3.0 (12'2" x 9'10")

SHOWER ROOM

SHOWER ROOM

2.3 x 1.4 (7'7" x 4'7")

EXTERNAL ONE

EXTERNAL ONE

EXTERNAL TWO

EXTERNAL TWO

CAR PARK

Private driveway and parking for residents.

ANNUAL SERVICE CHARGE BUDGET 01/01/2018 - 31/12/2018

Cleaning of internal communal areas £1,000
Maintenance and gardening to communal areas and grounds £1,000
Annual emergency lighting test £250
External window cleaning £600
General external repairs £1,000
Buildings and public liability insurance £1,250
Administration £350.00
Total £5,450.00
Annual charge per apartment based on 10% share £545.00

All fixtures and fittings mentioned in these particulars are included in the sale or letting all others in the property are specifically excluded.
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify that they are in working order or fit their purpose.
Photographs are reproduced for general information and it must not be inferred that any item is included.
Please note, although these particulars are thought to be materially correct, their accuracy is not guaranteed and they do not form any part of a contract.
No person in the employment of Property Shop (NW) Limited has any authority to make or give any representation or warranty.

Energy Efficiency and Environmental Impact

Energy efficiency chartEnvironmental impact chart

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

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