Sold, 1 Bed Flat 

Holland Road, Manchester

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Features

  • Ground floor flat
  • One double bedroom
  • Well presented throughout
  • Ideal investment opportunity
  • Current rent £495 pcm (£5,940 pa)
  • In an area of high rental demand
  • Approx. 31 Sq. M (333 Sq. Ft)
  • Leasehold
  • Within 4m from Manchester city centre
  • Buyer’s premium applicable

Quick Details

1 Bedroom1 Reception1 Bathroom

Address

Flat 1 Carmel Court, 14 Holland RoadManchesterLancashireM8 4NP
Details
EPC
Map
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Property Details

•One bedroom flat
•Ideal investment or first time buyers
•Current rent £5,940 pa
•Leasehold

A delightful one bedroom ground floor flat located within this purpose built block.

The well presented accommodation is conveniently arranged over one level and enjoys a spacious lounge, a modern fitted kitchen, one double bedroom and a family bathroom.

Externally there is some off street parking which is available on a first come first serve basis. Additionally there is on street parking available nearby.

The property is predominantly located on Holland Road between the junctions with Highclere Road to the north and Ardern Road to the south in the suburban area of Blackley, Greater Manchester.

Manchester city centre is 4 miles south of the property and is easily accessible via a variety of regular transport options.

Well placed for commuters Blackley enjoys direct access to junctions 18 & 19 of the M60 (Manchester’s outer ring road), Junction 18 of the M62 Motorway and junction 4 of the M66 Motorway.

The delightful Heaton Park is within walking distance to the property and there are many amenities and schooling options within the area.

Accommodation

Total – 31 Sq. M (333 Sq. Ft)

Approximate measurement taken from the EPC.

Services

We understand the property to have mains electricity, water and drainage.

Tenure

Leasehold - 250 years remaining from 2015.
Ground rent approx. £250pa
Service charge approx. £1,010 pa

Investment Analysis

The property is currently tenanted and achieving an income of £495 pcm (£5,940 pa), this would represent a gross annual yield of 10.15%.

Council Tax

The property is rated in Council Tax Band A, Council Tax payable approximately (2017/18) £1,044.52.

Asking Price

£58,500

Buyers Premium

Please note a buyer’s premium of 1% (min. £900) inc. VAT will be payable in connection with a purchase of any property for sale with John Pye Property (excluding auction purchases).

Please take into account when offering on a property that this will be payable on top of the agreed purchase price.

Viewings

Viewings are available by appointment only please contact a member of the John Pye Property team today 0161 219 3001.

Energy Performance Certificates

Location Map

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