£59,950
1 bed maisonette for saleChurchside, Farnworth, Manchester BL4
1 bed
1 bath
1 reception
EPC Rating: D
- Leasehold
Hyde & Partners
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About this property
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 .
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More information
Tenure
Leasehold (970 years)
Service charge
Council tax band
A
Ground rent
£50
Ground rent date of next review