This property has been taken off the market.

2 Bed Apartment House For Sale Highclere Avenue, Salford, M7

£115,000- Apartment

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Last Updated: 27th April 2024

Description

Hyde Estates are pleased to offer this two bedroom 11th floor apartment for sale. Currently generating an annual rental income of £12,000 with the tenant having an Assured Shorthold Tenancy agreement until March 2025. This attractive investment opportunity generates an excellent yield before disbursements of over 10%.

The apartment is served by a lift and benefits from gated residents parking, fabulous panoramic views of Manchester City Centre and is ideally located close to public transport links into the city for commuters or those wanting to enjoy the many amenities this area has to offer.

Briefly comprising; entrance hall, open plan living room and kitchen, two double bedrooms and bathroom.

Accommodation:
Comprising; entrance hall with door entry phone, utility cupboard with plumbing for a washing machine, open plan living area with excellent views over Manchester. The fitted kitchen features an integral electric oven, hob, overhead extractor hood together with space for an under counter fridge and freezer. The bathroom is fully tiled and features a bath with electric shower, glass shower screen, low level WC and pedestal wash basin. Both bedrooms can accommodate a double bed and freestanding bedroom furniture.

Living room / kitchen: 23’ 10” x 13’ 2”
Bedroom 1: 13 11” x 7’ 7”
Bedroom 2: 11’ 11” x 9’ 6”
Bathroom: 7’ 2” x 6’ 6”

Gardens:
Tended communal gardens with gated residents parking.

Additional Information:
The property is serviced by wall mounted electric heaters and uPVC double glazing.

Tenure:
We understand from the vendor that the property is Leasehold subject to a 999 year lease which commenced in January 2003 with an annual ground rent of £100.

Service Charge:
We understand that the each flat pays £1,323 on a biannual basis.

Council Tax:
Salford Council, Band A.

Fixtures & Fittings:
Carpets, curtains, and light fittings available by negotiation.

Viewings:
All viewings to be arranged via Hyde Estate and Letting Agents .

Agent Details
Hyde Estate & Lettings Agents
St. Margarets Road, Manchester, M25 2QB
Show Contact Number
0161 773 4583

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested