£110,000
1 bed flat for saleKersal Road, Prestwich, Manchester, Greater Manchester M25
1 bed
1 bath
1 reception
EPC Rating: D
- Chain free
- Leasehold
Thornley Groves - Prestwich
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About this property
Fully refurbished within last five years
Vacant possession with no onward chain
Ideal first-time buy or investment
Potential £800 monthly rental income
Impressive 8.7% gross yield potential
Prime Kersal Moor border location
This beautifully presented one-bedroom apartment has been fully refurbished within the last five years and is offered with vacant possession and no onward chain, making it an ideal first-time purchase or an excellent buy-to-let investment opportunity.
With a potential rental income of approximately £800 per calendar month, the property offers an impressive gross yield in the region of 8.7%, appealing to investors seeking strong returns.
Internally, the apartment features a welcoming open-plan living space leading into a modern kitchen area, creating a bright and sociable layout. There is a separate shower room and a generously sized double bedroom positioned to the rear of the property.
The building itself is well-presented and represents a charming period conversion. Comprising just ten self-contained apartments, the block is well maintained, with residents taking pride in upholding high standards throughout.
Perfectly positioned on the border of Kersal Moor, just a short distance from Moor Lane and Bury New Road, the apartment enjoys a highly convenient location. Residents can take a pleasant stroll into the village or benefit from excellent transport links providing easy access into the city centre and beyond.
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More information
Tenure
Leasehold (295 years)
Service charge
£900 per year
Council tax band
A
Ground rent
£120
Ground rent date of next review