£120,000
Windsor Court
- 2 beds
£120,000
- 2 beds
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Pure Investor is delighted to bring to the market this top-floor two-bedroom apartment situated in the hugely popular Tameside region of Manchester. The apartment is ideal for buyers looking to take advantage of the range of reputable schools that are readily available whilst also benefitting from a selection of excellent local amenities and a wealth of transport links.
Offered to the market with a tenant in situ and available for rental investment purchase only this two-bedroom top-floor apartment provides a gross yield of 7.25%. Internally the property comprises of; an entrance hall with a storage cupboard, a spacious open-plan lounge with a kitchen area, a master bedroom, an additional bedroom, family bathroom.
Externally the property has allocated parking for one car.
Investment Information
Full Address: 25 Windsor Court, Wordsworth Road, Denton, Manchester, M34 7XJ.
- Asking Price: £120,000.00.
- Property Type: 2 Bedroom, top floor apartment.
- Allocated parking space.
- Tenure: Leasehold - 99 years from 2006. The landlord is going to confirm this and find out the cost of extending this.
- Tenancy: Tenants in situ who are on a fixed-term contract till 10/08/2025 and have been in the property since 11/08/2023. Current landlord self-manages however Pure Investor would be happy to provide a quote for management services for the property.
- Current Rental Income: £725.00pcm.
- Annual Rental Income: £8,700.00 per annum.
- Ground Rent: £125 per annum.
- Service Charge: £317.00 per quarter (£1,268 per annum approx.)
- Gross Yield: 7.25%
- Net Yield: 6.1%
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