Summary - 133 Lansdowne Court, Chadderton OL9 9BA
2 bed 1 bath Apartment
### Standout Features:
- **Attractive Investment**: Gross yield of 11.04% and net yield of 9.24% with a long-term tenant at £460 PCM.
- **Two Bedrooms**: Ideal for couples or small families.
- **Prime Location**: Situated in OL9, benefiting from local amenities and public transport.
- **Well-Maintained**: Complies with all safety regulations, EPC rating C.
- **Affordable Living**: Low council tax band A, making it a cost-effective option.
- **Off-Street Parking**: Convenience for residents.
- **Potential Concerns**: Building has a potentially flammable cladding covering and older flooring tiles that contain asbestos.
### Summary:
Unlock a remarkable Buy To Let opportunity with this two-bedroom apartment generating a stellar gross yield of 11.04%. Featuring a well-laid-out design with a welcoming entrance hallway, a spacious lounge, and a functional separate kitchen, this property is currently home to a long-term tenant, ensuring immediate cash flow. The bedrooms are generously sized, and the modern shower room adds convenient amenities. Located in a vibrant community with easy access to local shops, schools, and public transport, this apartment is perfect for investors looking to diversify their portfolio.
While the property is well-maintained and compliant with necessary regulations, it’s crucial for potential buyers to be aware of certain downsides, including the presence of potentially flammable cladding and asbestos in the older flooring tiles. However, with the attractive price point of £50,000 and a reputation for low council tax and service charges, this investment stands out in the market. Don’t miss the chance to view this property; it won't be on the market for long!
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