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2 bedroom Flat for sale, Hollies Lane, Salford, Greater Manchester, M5
Features and Description
- SUPERB INVESTMENT OPPORTUNITY
- LET AT £1050 PCM UNTIL AUGUST 2025
- Equating to gross yield of 8.68%
- 1st floor apartment
- Two double bedrooms
- Close to Salford Quays
- Easy access to Manchester city centre
- Corner position living / dining room
- Leasehold
- EPC Rating - C
SUPERB INVESTMENT OPPORTUNITY - CURRENTLY LET AT £1050 PCM UNTIL AUGUST 2025.
A furnished two TWO double bedroom apartment with parking, in the Radcliffe park area of Salford. The property is in close proximity to Salford Quays and has easy access to Manchester City Centre via road and Metrolink.
The accommodation located on the first floor briefly comprises; entrance hall, corner position living / dining room with kitchen adjoining, two double bedrooms, both with front facing windows and bathroom with a white suite.
EPC Rating - C.
Entrance Hall
Front entrance door with spyhole. Wood effect flooring.
Living / Dining Room
3.98 x 3.90
Occupying a corner position with double glazed windows to both the front and side elevations. Built in storage cupboard housing the hot water cylinder. Wood effect flooring. Electric heater. Open into;
Kitchen
2.79 x 1.8
Small double glazed windows to the side and rear elevations. Fitted with a range of wall and base units with complementary work surfaces over incorporating a stainless steel sink and drainer unit with mixer tap. Built in oven and four ring hob with extractor over. Plumbing for washing machine. Wood effect flooring. Spotlights to ceiling. Tiled splash backs.
Bedroom 1
2.99 x 2.74
Double glazed window to the front elevation. Electric heater.
Bedroom 2
2.6 x 2.74
Double glazed window to the front elevation. Electric heater.
Bathroom
Fitted with a white three piece suite comprising; wash hand basin with mixer tap, bath with mixer tap and shower over and WC. Chrome heated towel rail. Part tiled walls and tiled floor. Spotlights to ceiling.
Current Tenancy
The property is let until 30/08/25 at £1050 pcm. This equates to a gross yield of 8.68% and a net yield (after service charge and ground rent deductions) of 6.12%.
Lease Details / Council Tax
The lease is 999 years (less 10 days) from 1 June 2007The vendor has advised the current ground rent is £100 pa. The service charge for the 12 month period of 01/07/24 to 30/06/25 is £3614.39. Council Tax band B (Salford City Council).
Agent's Note
To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Hollies Lane, Salford, Greater Manchester, M5
Additional Information
-
Property refMCC240650
-
EPCC
-
TenureLeasehold
-
Lease length981 years
-
Council TaxB
-
Local authoritySalford City Council
-
Ground Rent£100
-
Ground Rent ReviewContact the branch
-
Service Charge£3,614
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70CO2 Rating
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