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Investment Opportunity!!

Investment Opportunity!!

Address

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Auction date

28 Sep 2026

Guide price

£45,000

Type

Flat

Tenure

Leasehold

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This ground floor apartment is being sold with a tenant in situ, making it a fantastic opportunity for investors. Producing an income of £525.00 per calendar month, which totals £6,300 per annum, this investment offers a gross yield of 14% based on the guide price. This apartment comprises a reception/inner hall, a generous open plan lounge/kitchen, double bedrooms, and a bathroom/w.c.

  • 1 Bedroom
  • Lease term - 125 years from January 2016
  • Ground Rent - £700
  • Service Charge - £1,893.70 per annum
  • Unconditional (Immediate Exchange)

Conveniently located just off Manchester Road, Biwater House offers easy access to the M62 motorway and is within close proximity to shops, amenities, and transport links, ensuring a convenient lifestyle for residents. The property has not yet been inspected, and pictures provided are dated August 2024.

Last update: 26 Sep 2026

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