Summary - WAVERLEY COURT APARTMENT 2 WAVERLEY STREET OLDHAM OL1 4GA
2 bed 1 bath Apartment
### Standout Features:
- **Investment Opportunity:** Long-term tenant since 2013, currently paying £560 PCM
- **Property Size:** Two-bedroom apartment, 708 sq ft
- **Master Bedroom:** Features an en-suite bathroom
- **Location:** Quiet area with low crime rates, close to amenities (bus stops, convenience stores, schools)
- **Leasehold:** 980 years remaining on the lease, with a reasonable service charge of £2468.78 PA
- **Condition:** Well-maintained due to responsible tenant
### Summary:
Explore this fantastic investment opportunity with a solid tenant in place, generating a monthly income of £560, translating to a gross yield of 6.11%. This two-bedroom, ground-floor apartment boasts a comfortable layout with a spacious open-plan kitchen and living area, alongside two well-sized bedrooms, including the master with an en-suite bathroom. Built in 2006, the property benefits from modern amenities and is in excellent condition, reflecting the care taken by its long-standing tenant.
Situated in a major conurbation within postcode OL1 4GA, you will enjoy easy access to local conveniences and low crime rates, making it a prime choice for future tenants. While the area faces some socio-economic challenges, the property’s strong rental history positions it as a reliable investment. With 980 years remaining on the lease and a manageable service charge, this chain-free apartment warrants swift attention from discerning investors seeking lucrative rental opportunities. Don’t miss your chance to own a steadily appreciating asset in a sought-after location.
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