Property Investment Opportunity: Ashworth Court, Radcliffe, 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

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 is already generating 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.



For more information or to arrange a viewing, contact us today!

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.