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Ashworth Court

Manchester, United Kingdom

£95,000.00

Investment Type: BUY-TO-LET

Est. Completion: AVAILABLE

  • Buy-to-let property investment
  • High gross and net yields
  • Long term lease
  • Sold with the current tenant in situ
  • Situated on a well maintained estate
  • Well maintainted throughout

Investment Opportunity: Ashworth Court, Radcliffe, Manchester, M26 2XZ

## Property being sold with the current tenant in situ ##

We are pleased to present this modern one-bedroom ground-floor apartment at 1 Ashworth Court, Radcliffe, offering a fantastic investment opportunity in a sought-after location. With a current rental income of £675 per calendar month (£8,100 per annum), the property is a great addition to any portfolio, providing reliable and consistent returns.

Key Investment Features:
Asking Price: £95,000
Current Rental Income: £675 per calendar month (£8,100 per annum)
Tenant: In situ for 12 months, with a desire to continue the tenancy
Service Charges: Approximately £90 per month (£1,080 per annum)
Ground Rent: £50 per annum
968 years remaining
EPC Rating 'D'

Yield Calculations:
Gross Yield = (£8,100 / £95,000) × 100 = 8.53%

Annual Service Charges + Ground Rent = £1,080 + £50 = £1,130
Net Income = £8,100 - £1,130 = £6,970
Net Yield = (£6,970 / £95,000) × 100 = 7.34%

Council Tax Band:
This property is in Council Tax Band A, ensuring an affordable local tax rate for the tenant.

Summary:
At an asking price of £95,000, this one-bedroom ground-floor apartment at 1 Ashworth Court, Radcliffe, offers a gross yield of 8.53% and a net yield of 7.34%. The apartment already generates consistent income, with a long-term tenant in place, making it a low-maintenance, high-return investment. This property is ideal for investors seeking a solid return in a desirable location.

Ashworth Court - Key Points

Location

Location

Manchester, United Kingdom

Tenure

Tenure

Leasehold

Completion

Completion

Completed and tenanted

Rental Yield

Rental Yield

8.53% rental yield

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

Looking to sell your tenanted buy to let property?

Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

  • Specialists in selling tenanted properties in the UK.
  • Database of over 30,000 experienced property investors, actively seeking tenanted properties to add to their portfolio.
  • Experienced in working with tenants and lettings agents to ensure smooth transition and good communication throughout.
  • Generate rental income right up to completion of sale and avoid expensive void periods during sales and legal process.

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