1 Bedroom Apartment

Acobas are delighted to present this excellent opportunity to acquire a self-contained, ground-floor one-bedroom apartment, currently let on a rolling AST agreement — an ideal buy-to-let investment.

Property:
Access to the property is via a communal entrance hallway leading to a private front door.
The internal accommodation briefly comprises a spacious open-plan living/dining area, contemporary kitchen, double bedroom and modern shower room.
The property has recently undergone light refurbishment, featuring new carpets throughout, modern kitchen units, and complete redecoration.

External:
The property includes one allocated parking space, with additional visitor parking available within the development. As well as having access to the well maintained communal gardens.

Location:
The property is conveniently located within walking distance of Wilmslow town centre and just a short drive from the A34 bypass, motorway links and Manchester Airport.

Investment specifics:
The property currently generates £7,800 per annum in rental income. Based on a purchase price of £95,000, this represents an initial yield of approximately 8.2%, with potential to increase to 9.5%.
There is no service charge payable and the property is subject to a fixed annual ground rent of £25.

Tenure:
This property is offered on a leasehold basis, with 93 years remaining on the lease.