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Millside, Mossley Road, Ashton-Under-Lyne

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Fantastic buy-to-let investment
  • Tenanted for immediate income
  • Excellent return
  • A Must View
  • Located on the top floor
  • Two bedrooms
  • Juliette balcony
  • Secure allocated parking space
  • Convenient location with excellent transport links
  • High rental demand

Description

An excellent opportunity for buy-to-let investors in the popular and convenient area of Ashton-under-Lyne. Offered to the market with long term tenants in situ this investment is already yielding an attractive 6% NET with good scope to increase. This two double bedroom apartment is located on the top (second) floor of this desirable modern development and benefits from fully-fitted kitchen, lounge with Juliette balcony, family bathroom with three-piece suite and secure allocated underground parking space.

Millside sits in the most convenient of locations close to Ashton town centre offering a whole host of popular high street shops, selection of supermarkets, retail stores, leisure facilities and eateries. Tameside General Hospital is within walking distance of the development so this will always appeal highly to working professionals employed there.

Transport links are oustanding with the brand-new Ashton-under-Lyne Interchange boasting improved modern facilities being just a 13-minute walk with fast and frequent services across Greater Manchester and Yorkshire. The Metrolink connects passengers with Manchester city centre in as little as 10 minutes along with links across the wider city which makes this perfect for commuters as well as the M60 motorway junction.

Now is an exciting time to be investing in Ashton, with £20million worth of funding set to transform it’s town centre. Plans for the allocation include the restoration of Ashton Town Hall, the development of new commercial and retail space, refurbishment of the market square and the introduction of new cycle routes will help prioritise walking and cycling in the town centre. Ashton's proximity to the city centre combined with it's affordability and connectivity mean that rental properties in the are are always in high demand, so don't miss out on this chance to invest and enquire today.

Financial Breakdown

Gross Rent: £8,100.00
Net income: £6,560.00
Gross yield: 8.8%
Net yield: 7.13%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07432
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Millside, Mossley Road, Ashton-Under-Lyne

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About yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartments in some of the UK's best rental markets. Whatever your requirements, yieldit has the perfect investment (or buyer) for you!

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Disclaimer - Property reference YL-07432. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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