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Canberra Way, Balderstone, OL11 2EL

PROPERTY TYPE

Apartment

BEDROOMS

2

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

  • BTL Investment Opportunity
  • Long Term Tenant - In - Situ
  • Current Rent £725pcm
  • Gross Yield 7.91%
  • Two Bedroom Apartment
  • Ground Floor
  • All Compliance Certificates In Place
  • Leasehold
  • EPC Rating
  • Council Tax Band - A

Description

SUMMARY
Martin & Co are delighted to offer For Sale this tenanted BTL investment comprising of a spacious and well presented / maintained two bedroom ground floor apartment, ideally located for commutes to Rochdale, Royton, Oldham and Manchester.

The apartment consists of an entrance hallway with storeroom, lounge, kitchen with integrated electric oven and hob, free standing fridge / freezer and washing machine. There are two bedrooms, one with fitted wardrobes and a family bathroom with overhead shower.

The property is currently receiving a rental income of £725 pcm generating a gross yield of 7.91% at the asking price.

As Martin & Co currently manage the Property / Tenancy, we would be able to facilitate the smooth transfer to the new Landlord owner whilst retaining management of the property. Therefore providing the new owner / landlord with instant income and a true turn key investment.

Early viewings are recommended! 

LOUNGE 12' 5" x 10' 9" (3.80m x 3.30m)
Neutral decor, carpet, , radiator, UPVC window, vertical blinds 

KITCHEN 14' 7" x 9' 2" (4.45m x 2.80m)
Neutral decor, a range of wall and base units, stainless steel sink, vinyl floor, UPVC window, radiator 

BEDROOM ONE 10' 9" x 9' 10" (3.30m x 3m)
Neutral decor, carpet, UPVC window, radiator 

BEDROOM TWO 10' 9" x 7' 10" (3.30m x 2.40m)
Neutral decor, carpet, UPVC window, radiator 

BATHROOM 7' 6" x 5' 6" (2.30m x 1.70m)
Neutral decor, partially tiled walls, white three piece bathroom suite, radiator 

EXTERNAL
 

BUYER CHECKS
Please note, we must carry out Due Diligence on all properties which includes buyer and seller AML (Anti-Money Laundering) checks. To complete the checks there is a £25 payment per buyer which will need to be paid prior to the property being taken off the market. 

MATERIAL INFORMATION
Service charge:
Ground rent:
Leashold: 178 years remaining
For further material information, please see our material information brochure.  

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. 
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.
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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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Canberra Way, Balderstone, OL11 2EL

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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
Lenders usually expect a 10% deposit
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Choose between 1 and 40 years
Years
%
Monthly repayments
£502
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 100970004953. 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.

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