Spinney Close, B78

Property Details: • Type: Apartment • Tenure: Leasehold • Floor Area: N/A

Key Features: • Buy-To-Let Investment Opportunity • Being Sold With The Current Tenants In Situ • EPC Rating C • Long Lease Remaining • Gross Yield of 7.1% • Low Maintenance Costs & Management Fees

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: The Lightwell, 61-63 Brown Street Manchester M2 2JG

Full Description: Overview An exceptional opportunity to acquire a well-maintained, first-floor 1-bedroom flat in a quiet, residential cul-de-sac location in Birchmoor, Polesworth. Offered with a share of freehold and stable tenancy in place, this is an ideal addition to any investment portfolio, offering immediate income and long-term value.

Key Investment Highlights * 1 Double Bedroom / 1 Bathroom * Excellent condition with modern kitchen & bathroom * Ongoing tenancy since May 2022 - fully tenanted, no arrears * Current Rent: £735 PCM from August 2025 * Low annual service charge: £700 * Share of Freehold with approximately 974 years remaining on lease * Ground rent: Nil * Gross Yield: 7.1% * Net Yield: 6.5% * Fully managed - no managing agent fees * Off-road parking & visitor bays * Communal front and rear gardens * No known structural or maintenance issues * EPC: C

Tenancy Information * Tenancy Start Date: 22 May 2022 * Contract Type: Ongoing rolling tenancy * Monthly Rental Income: £735 (from August 2025) * Payment Status: No arrears * *Viewings of this property are available; however, please note the property is tenanted and we need to respect the tenants' right to a peaceful environment. As such, we will require proof of funds from all parties before booking a viewing appointment. On receipt of the above, we will then arrange access*

External Features * Private Residents' Parking + Visitor Spaces * Well-maintained Communal Front & Rear Gardens * Peaceful residential environment with easy access to local amenities and transport links

Why Invest Here? This flat offers low overheads, reliable tenants, and strong rental yield potential. Perfect for both seasoned landlords and first-time investors looking for a turnkey, hassle-free property.