Summary - 16, Oakwood Grove, Radcliffe M26 2YL
2 bed 1 bath Apartment
Turn-key two-bed with strong rental yield and allocated parking.
Newly refurbished first-floor two-bedroom apartment
A recently refurbished first-floor apartment offering efficient, low-maintenance living in Radcliffe. The open living area with Juliet balcony and a modern fitted kitchen creates a bright, contemporary feel across compact but well-arranged rooms. The master bedroom benefits from an ensuite; a second bedroom and main bathroom suit sharers or a small family.
This flat is attractive to investors: current rent is £800 pcm, giving a gross yield of around 8% at the asking price. The property has 121 years remaining on the lease and one allocated off-street parking space, plus fast broadband and excellent mobile signal — all practical advantages for tenants.
Buyers should note material facts plainly: heating is by electric storage heaters (electric mains), which can be more expensive than gas, and the apartment is modest in size at approximately 580 sq ft. The location sits within a more deprived local area despite nearby amenities and transport links, which may influence tenant demand and capital growth expectations.
Overall, this is a turn-key small apartment with immediate lettable appeal or a low-effort home for a first-time buyer. The long lease and recent refurbishment reduce near-term maintenance risk, but buyers should factor in ongoing running costs linked to electric heating and the ground rent of £200 per year.
2 bedroom apartment for sale in Oakwood Grove, Radcliffe, M26 2YL, M26 — £110,000 • 2 bed • 2 bath • 580 ft²
2 bedroom apartment for sale in Oakwood Grove, Radcliffe, M26 — £100,000 • 2 bed • 1 bath • 615 ft²
2 bedroom apartment for sale in Newbridge Close, Radcliffe, M26 — £110,000 • 2 bed • 1 bath • 657 ft²
2 bedroom apartment for sale in Dingle Close, Radcliffe, Manchester, M26 — £150,000 • 2 bed • 2 bath • 657 ft²
2 bedroom apartment for sale in The Landmark, 18 New Road, Radcliffe, M26 — £110,000 • 2 bed • 1 bath • 485 ft²
2 bedroom flat for sale in Dingle Close, Manchester, M26 — £150,000 • 2 bed • 2 bath • 627 ft²
