Jacob Bright Mews, Lower Healey, OL12 6JF
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Investment BTL Opportunity
- Two Bedroom Apartment
- Tenanted at £560 PCM
- Integrated Kitchen Appliances
- Open Plan Living
- Neutral Decor Throughout
- Gas Combi Central Heating
- Communual Gardens
- Council Tax Band - B
- EPC - B
Description
Offered with a TENANT IN SITU, this TWO BEDROOM apartment is located in the popular Lower Healey district of Rochdale.
The apartment briefly comprises of an entrance hallway, two bedrooms, a family bathroom and open plan lounge/kitchen.
The property also benefits from Gas Central Heating, UPVC windows and secure gated, ample parking
The property is currently receiving a rental income of £560pcm generating a healthy gross yield of 5.6%. As Martin & Co currently manage the Tenancy, we would be able to facilitate the smooth transfer of the property / tenancy to the new Landlord owner, including Martin & Co's Rent Guarantee & Legal Costs Cover should we retain management of the property.
We have received an offer of £101,000. Any further offers need to be submitted to Martin & Co Rochdale within 5 days of this public notice (28.04.2024)
LOUNGE/ KITCHEN/ DINER 17' 11" x 22' 11" (5.46m x 6.99m)
Neutral decor, laminate, radiator, UPVC French doors with Juliet balcony, vertical blinds. Modern fitted kitchen with SS sink, integrated washing machine and fridge/ freezer.
BATHROOM 5' 6" x 11' 5" (1.68m x 3.48m)
Neutral decor, partially tiled walls, tiled flooring, white three piece bathroom suite with shower overhead, chrome towel rail, UPVC window, radiator
MASTER BEDROOM 11' 5" x 13' 2" (3.48m x 4.01m)
Neutral decor, carpet, UPVC window, radiator
BEDROOM 2 9' 9" x 8' 8" (2.97m x 2.64m)
Neutral decor, laminate flooring, UPVC window, radiator
EXTERNALS
Ample resident and visitor parking to the rear of the apartment block
LEASEHOLD INFORMATION
999 years from 1st January 2005 of which there are 983 years remaining on the lease.
Ground rent: £100 per annum
Service Charge: £900 per annum
LOOKING TO SELL OR RENT YOUR PROPERTY?
At Martin & Co we have over 25 years' experience working with landlords, tenants, sellers, buyers and investors.
We have over 160 owner managed offices throughout the UK ready to help you let a property, rent a new home, buy or sell.
Don't take our word for it, let our actions convince you!!
Martin & Co Rochdale and Bury are licensed and regulated by The Property Ombudsman, ARLA and NAEA Propertymark for your peace of mind.
Please contact our office today to discuss your individual requirements, or to arrange a free no obligation valuation.
NEED A MORTGAGE?
Why be restricted to your current or high street lenders rates?
Especially when Martin & Co can introduce you to our Mortgage Advisor with access to a comprehensive panel of over 80 lenders, including a range of off market products, offering potential savings against your current lender.
Call today to arrange a ten-minute (no obligation) telephone consultation (at a time to suit you)
One quick call could potentially save you thousands of pounds over the course of your mortgage.
Please remember, your home is at risk if you do not keep up with your mortgage repayments.
RESERVATION AGREEMENT
Should you be successful in your offer to purchase the property and in order to place the property "under offer", you may be required to complete a reservation agreement and pay a (refundable at completion) reservation fee, details available upon request.
Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£100 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
£900
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
980 years left
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: B
Jacob Bright Mews, Lower Healey, OL12 6JF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Rochdale Town Centre Tram Stop0.8 miles
- Rochdale Station1.3 miles
- Smithy Bridge Station1.9 miles
About the agent
Martin & Co, Rochdale
15b Cheetham Street, Rochdale, OL16 1DG
Martin & Co have specialized in the sale and rental of residential property from our offices here at 15b Cheetham Street since February 2007, offering a wide selection of properties For Sale and To Rent.
Owner Phil Watson has a wealth of experience within the property industry and is a qualified member of the association of residential letting agents (ARLA), a member of the national association of estate agents (NAEA), and a member of the chartered management institute (CMI) and, along
Industry affiliations
Notes
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