1 St. Margarets Road
Prestwich
Manchester
M25 2QB
Churchside, Farnworth, Manchester
£59,950 Sold (STC)
1 Bedroom Maisonette
- Investment opportunity
- Ground floor maisonette
- Longstanding tenant insitu
- Rental income of £5,400 per annum generating a yield of 9%
- Parking
Hyde Estates are pleased to offer this one bedroom, ground floor maisonette for sale. Offering an excellent investment opportunity with a 9% return before disbursements, the property is currently let to a longstanding tenant, generating an income of £5,400 per annum.
Churchside is positioned off St James Street from Buckley Lane A5082 in Farnworth close to many amenities, with excellent links to the motorway network.
Accommodation
Briefly comprising; vestibule entrance leading to living room, the kitchen has matching wall and base units together with contrasting work tops, plumbing for a washing machine, 4 plate electric hob/oven/grill and extractor hood. Off the hallway is understairs storage, a double bedroom and bathroom with suite of wc, washbasin and bath with overhead electric shower.
Room Measurements
Living Room: 13`1" x 10`4"
Kitchen: 8`8" x 6`9"
Bedroom 1: 13` x 11`
Bathroom: 8`7" x 4`8"
Additional Information
The property benefits; wall mounted electric heaters and uPVC double glazed windows.
Parking
Ample unallocated parking available.
Service Charge
We understand from the Vendor that the service charge is £850 per annum split into monthly payments.
Tenure
We understand from the Vendor that the property is Leasehold, subject to a 999 year lease which commenced in January 1996. Annual ground rent of £50.
Council Tax
Bolton Council, Band A.
Fixtures & Fittings
Carpets, curtains, and light fittings available by negotiation. We have not tested any appliances or electrical items.
Viewings
To be arranged via Hyde Estate & Letting Agents 0161 773 4583.
Energy Efficiency and Environmental Impact
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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