Property Details: • Type: Maisonette • Tenure: LEASEHOLD • Floor Area: N/A
Key Features: • Two-Bedroom Maisonette • Strong Investment Potential • Potential 11% Net Rental Yield • 39 Year Lease • Lease Extension Cost - £22,500 • Annual Service Charge - £220
Location: • Nearest Station: Water Orton Station • Distance to Station: 1.600928821051348 miles
Agent Information: • Address: Office 36, 792 Wilmslow Road, Manchester, M20 6UG
Full Description: A fantastic opportunity for investors to acquire this two-bedroom maisonette in the B35 area, offering strong rental potential and an estimated net rental yield of approximately 11%.<br /><br />The property provides practical accommodation across two bedrooms with good potential as a buy-to-let investment. Buyers should be aware that the property requires a lease extension, with an estimated cost of £22,500, which should be factored into the overall investment.<br /><br />With its attractive potential return and accessible purchase opportunity, this property could make a strong addition to an investment portfolio.<br /><br />Please note that any systems, appliances or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.<br /><br />Upon acceptance of your offer, a reservation deposit and administration fee will be payable. The deposit forms part of the final purchase price and, where applicable, can form part of your mortgage deposit.<br /><br />Payment secures the property exclusively for you and allows the legally binding agreement between buyer and seller to be prepared, helping to prevent gazumping, delays and unnecessary costs.<br /><br />For cash buyers, searches and surveys must be indemnified in accordance with our Terms and Conditions.