Compact first-floor one-bed — immediate rental income with tenant in situ.
Chain-free; sold with long-term tenant in place (let until June 2025)
A compact first-floor one-bedroom apartment offered chain-free and currently tenanted, making it an immediate income opportunity for investors. The property sits in a mid-20th-century brick block a short walk from Middleton town centre and around 6.5 miles from Manchester city centre. Communal grounds and permit parking add practical appeal for tenants.
The flat is small at about 334 sq ft, with a separate kitchen, lounge, double bedroom and a three-piece bathroom. The building appears well maintained and has double glazing, but heating is electric via room heaters only; there is no communal gas or central heating system. Service charge is £900 per year and there is no ground rent. The lease has approximately 82 years remaining.
Currently let at £525 pcm to a long-term tenant on a fixed-term tenancy until June 2025, the apartment suits a buy-to-let buyer seeking immediate rental income or a landlord looking to add a low-management unit. Note the property is compact and will appeal most to single occupants or investors rather than families.
Material considerations: the flat uses electric room heaters (higher running costs), sits in a very deprived local area which can affect resale/rental demand, and the accommodation is small — refurbishment could improve appeal and achievable rent but will require investment. Prospective buyers should verify services, measurements and lease details independently.
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