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SOLD STC

Arcon Close , Milnrow, OL16 4BL

PROPERTY TYPE

Apartment

BEDROOMS

3

BATHROOMS

1

SIZE

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

Key features

  • Three Bedroom Maisonette
  • Milnrow
  • Great Location
  • Tenants in Situ paying £750PCM
  • Gross Yield 9%
  • Leasehold - 92 years remaining
  • Gas Central Heating
  • On Street Parking
  • EPC Rating - C
  • Council Tax - A

Description

SUMMARY
A great opportunity to purchase an Investment property with a Gross Yield of 9%, situated in the sought after area of Milnrow.

The current tenants are paying £750pcm (just recently increased) and have been in situ since 2019.

The property briefly comprises of entrance hallway wiht stairs leading up to the first floor, kitchen with ample storage, lounge, two bedrooms and a family bathroom. Externally there is on street parking. 

ENTRANCE HALL
Neutral decor, carpet, UPVC door, radiator  

KITCHEN 10' 5" x 0' 0" (3.20m x 0m)
Neutral decor, a range of wall and base units, Stainless steel sink, tiled floor, UPVC window, radiator 

LOUNGE 10' 5" x 16' 2" (3.2m x 4.95m)
Neutral decor, carpet, radiator, UPVC window
 

BEDROOM ONE 14' 0" x 8' 5" (4.27m x 2.59m)
Neutral decor, carpet, UPVC window, radiator 

BEDROOM TWO 10' 5" x 6' 9" (3.2m x 2.06m)
Neutral decor, carpet, UPVC window, radiator 

BEDROOM THREE / STUDY 6' 0" x 4' 11" (1.85m x 1.5m)
Neutral decor, carpet, UPVC window, radiator, suitable for cot, office or walk in wardrobe only 

FAMILY BATHROOM 6' 3" x 6' 5" (1.91m x 1.96m)
Neutral decor, partially tiled walls, white three piece bathroom suite, UPVC window, radiator
 

EXTERNAL
On street parking 

CERTIFICATES IN PLACE
Electrical safety certificate
Gas Safety Certificate
EPC Certificate  

MATERIAL INFORMATION
For any material information please refer to the attached brochure.  

LEASEHOLD Tenure
Leasehold
Lease Start Date: 05 Sep 1991
Lease End Date: 06 Sep 2117
Lease Term: 126 years from 6 September 1991
Lease Term Remaining: 92 years
Ground Rent: £20PA 

Brochures

Sales Brochure - ...
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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
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.
Ask agent

Arcon Close , Milnrow, OL16 4BL

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About Martin & Co, Rochdale & Oldham

15b Cheetham Street, Rochdale, OL16 1DG
Industry affiliations:

Our approach is all about you!

Martin & Co Rochdale & Oldham have specialised in Sale, Rental and Block Management of properties from our offices at 15b Cheetham Street since February 2007. We offer a wide selection of properties 'For Sale' and 'To Rent' in and around the Rochdale, Oldham and Bury areas. We also manage professional HMO's for both individual and corporate tenants and Blocks for leaseholders across a wider area of the North West.

Our team has a wealth of experience within all aspects of the property industry and has built strong and loyal relationships with sellers, landlords, leaseholders, investors, tenants and contractors. Martin & Co can also help secure your new mortgage, with the assistance of our 'Fee Free' Mortgage advisors who are now available in our office.

We offer a unique combination of expertise and outstanding company values, bringing you the very best service at all times, alongside innovative marketing which includes interactive 360 virtual and video tours.

At Martin & Co Rochdale & Oldham we enjoy the constant reward of striving for excellence. Please do contact a member of our dedicated team and we will do our best to help you

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£466
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 100970003930. 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 Martin & Co, Rochdale & Oldham. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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