Guide price

£95,000

1 bed flat for sale
Kersal Road, Prestwich, Manchester, Greater Manchester M25

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

  • Chain free
  • Auction
  • Leasehold

Thornley Groves - Prestwich

Logo of Thornley Groves - Prestwich

About this property

  • Fully refurbished within last five years

  • Vacant possession with no onward chain

  • Ideal first-time buy or investment

  • Potential £800 monthly rental income

  • Impressive 8.7% gross yield potential

  • Prime Kersal Moor border location

This beautifully presented one-bedroom apartment has been fully refurbished within the last five years and is offered with vacant possession and no onward chain, making it an ideal first-time purchase or an excellent buy-to-let investment opportunity.

With a potential rental income of approximately £800 per calendar month, the property offers an impressive gross yield in the region of 8.7%, appealing to investors seeking strong returns.

Internally, the apartment features a welcoming open-plan living space leading into a modern kitchen area, creating a bright and sociable layout. There is a separate shower room and a generously sized double bedroom positioned to the rear of the property.

The building itself is well-presented and represents a charming period conversion. Comprising just ten self-contained apartments, the block is well maintained, with residents taking pride in upholding high standards throughout.

Perfectly positioned on the border of Kersal Moor, just a short distance from Moor Lane and Bury New Road, the apartment enjoys a highly convenient location. Residents can take a pleasant stroll into the village or benefit from excellent transport links providing easy access into the city centre and beyond.

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer
during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

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More information

  • Tenure

    Leasehold (295 years)

  • Service charge

    £900 per year

  • Council tax band

    A

  • Ground rent

    £120

  • Ground rent date of next review

  • Report this listing
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Property descriptions and related information displayed on this page are marketing materials provided by - Thornley Groves - Prestwich. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Thornley Groves - Prestwich for full details and further information.