Standout Features
- Investment BTL Opportunity
- Long Term Tenant - In - Situ
- Current Rent £695PCM
- Tenant in Situ Until APRIL 2025
- Three Bedrooms
- Third Bedroom Downstairs
- Two Bathrooms
- Garden To Rear
- EPC - C
- Council Tax Band - B
Property Description
SUMMARY
INVESTMENT PURCHASE ONLY - LONG TERM TENANT IN SITU PAYING £695PCM - GENERATING GROSS YIELD OF 5.96%
Martin & Co are delighted to offer FOR SALE this THREE BEDROOM Bungalow situated in a quiet location within walking distance to Heywood town centre and a short commute to motorway networks leading to Manchester and Leeds city centres.
The property comprises of an entrance hall, open plan lounge and fitted kitchen with integrated fridge/freezer, oven/hob and stainless steel sink/drainer. To the rear of the ground floor is a double bedroom with fitted wardrobes / dressing table and an en-suite comprising of a two piece white suite and a shower cubical.
To the first floor there are two bedrooms each having UPVC velux windows.
There is also a family bathroom consisting of a white three piece suite with overhead shower and a fitted storage unit.
Externally there is off road allocated parking and an enclosed garden to the rear.
Early viewings are highly recommended!
KEY FACTS FOR BUYERS
To view our Keys Fact for Buyers report which contains information specific to the property, please open or download the brochure
TENANCY INFORMATION
The property is currently receiving a rental income of £695pcm generating a healthy gross yield of 5.97%. As Martin & Co currently manage the Tenancy, we would be able to facilitate the smooth transfer of the property / tenancy to the new Landlord owner, including Martin & Co's Rent Guarantee & Legal Costs Cover should we retain management of the property.
We also have all Legal Compliance Certificates in place for the Gas, Electric and EPC.
LOUNGE 18' 1" x 14' 9" (5.51m x 4.5m)
Neutral decor, carpet, UPVC door, radiator
KITCHEN 5' 10" x 7' 6" (1.78m x 2.29m)
Neutral decor, a range of wall and base units with integrated oven & hob, fridge/freezer, washer/dryer, SS sink and tiled floor
BEDROOM ONE 15' 8" x 14' 9" (4.78m x 4.5m)
Natutral decor, carpet, fitted wardrobe / dressing table, French doors to the garden
ENSUITE 7' 0" x 5' 8" (2.13m x 1.73m)
Neutral decor, tiled walls & floor, white two piece bathroom suite with separate shower cubicle, chrome towel rail/radiator
BEDROOM TWO 12' 6" x 14' 9" (3.81m x 4.5m)
Neutral decor, carpet, velux window
BEDROOM THREE 11' 10" x 8' 3" (3.61m x 2.51m)
Neutral decor, carpet, velux window
BATHROOM 10' 11" x 6' 2" (3.33m x 1.88m) decor, partially tiled walls, white three piece bathroom suite with overhead shower / screen, Velux window, chrome towel rail/radiator
EXTERNAL
Off road allocated parking and a good size garden to the rear
NEED A MORTGAGE
Why be restricted to your current or high street lenders rates?
Especially when Martin & Co can introduce you to our Mortgage Advisor with access to a comprehensive panel of over 80 lenders, including a range of off market products, offering potential savings against your current lender.
Call today to arrange a ten-minute (no obligation) telephone consultation (at a time to suit you)
One quick call could potentially save you thousands of pounds over the course of your mortgage.
Please remember, your home is at risk if you do not keep up with your mortgage repayments.
THINKING OF SELLING
At Martin & Co we have over 25 years' experience working with landlords, tenants, sellers, buyers and investors.
We have over 160 owner managed offices throughout the UK ready to help you let a property, rent a new home, buy or sell.
Don't take our word for it, let our actions convince you!!
Martin & Co Rochdale and Bury are licensed and regulated by The Property Ombudsman, ARLA and NAEA Propertymark for your peace of mind.
Please contact our office today to discuss your individual requirements, or to arrange a free no obligation valuation
Reservation Fee
Should you be successful in your offer to purchase the property and in order to place the property "under offer", you may be required to complete a reservation agreement and pay a (refundable at completion) reservation fee, details available upon request.
INVESTMENT PURCHASE ONLY - LONG TERM TENANT IN SITU PAYING £695PCM - GENERATING GROSS YIELD OF 5.96%
Martin & Co are delighted to offer FOR SALE this THREE BEDROOM Bungalow situated in a quiet location within walking distance to Heywood town centre and a short commute to motorway networks leading to Manchester and Leeds city centres.
The property comprises of an entrance hall, open plan lounge and fitted kitchen with integrated fridge/freezer, oven/hob and stainless steel sink/drainer. To the rear of the ground floor is a double bedroom with fitted wardrobes / dressing table and an en-suite comprising of a two piece white suite and a shower cubical.
To the first floor there are two bedrooms each having UPVC velux windows.
There is also a family bathroom consisting of a white three piece suite with overhead shower and a fitted storage unit.
Externally there is off road allocated parking and an enclosed garden to the rear.
Early viewings are highly recommended!
KEY FACTS FOR BUYERS
To view our Keys Fact for Buyers report which contains information specific to the property, please open or download the brochure
TENANCY INFORMATION
The property is currently receiving a rental income of £695pcm generating a healthy gross yield of 5.97%. As Martin & Co currently manage the Tenancy, we would be able to facilitate the smooth transfer of the property / tenancy to the new Landlord owner, including Martin & Co's Rent Guarantee & Legal Costs Cover should we retain management of the property.
We also have all Legal Compliance Certificates in place for the Gas, Electric and EPC.
LOUNGE 18' 1" x 14' 9" (5.51m x 4.5m)
Neutral decor, carpet, UPVC door, radiator
KITCHEN 5' 10" x 7' 6" (1.78m x 2.29m)
Neutral decor, a range of wall and base units with integrated oven & hob, fridge/freezer, washer/dryer, SS sink and tiled floor
BEDROOM ONE 15' 8" x 14' 9" (4.78m x 4.5m)
Natutral decor, carpet, fitted wardrobe / dressing table, French doors to the garden
ENSUITE 7' 0" x 5' 8" (2.13m x 1.73m)
Neutral decor, tiled walls & floor, white two piece bathroom suite with separate shower cubicle, chrome towel rail/radiator
BEDROOM TWO 12' 6" x 14' 9" (3.81m x 4.5m)
Neutral decor, carpet, velux window
BEDROOM THREE 11' 10" x 8' 3" (3.61m x 2.51m)
Neutral decor, carpet, velux window
BATHROOM 10' 11" x 6' 2" (3.33m x 1.88m) decor, partially tiled walls, white three piece bathroom suite with overhead shower / screen, Velux window, chrome towel rail/radiator
EXTERNAL
Off road allocated parking and a good size garden to the rear
NEED A MORTGAGE
Why be restricted to your current or high street lenders rates?
Especially when Martin & Co can introduce you to our Mortgage Advisor with access to a comprehensive panel of over 80 lenders, including a range of off market products, offering potential savings against your current lender.
Call today to arrange a ten-minute (no obligation) telephone consultation (at a time to suit you)
One quick call could potentially save you thousands of pounds over the course of your mortgage.
Please remember, your home is at risk if you do not keep up with your mortgage repayments.
THINKING OF SELLING
At Martin & Co we have over 25 years' experience working with landlords, tenants, sellers, buyers and investors.
We have over 160 owner managed offices throughout the UK ready to help you let a property, rent a new home, buy or sell.
Don't take our word for it, let our actions convince you!!
Martin & Co Rochdale and Bury are licensed and regulated by The Property Ombudsman, ARLA and NAEA Propertymark for your peace of mind.
Please contact our office today to discuss your individual requirements, or to arrange a free no obligation valuation
Reservation Fee
Should you be successful in your offer to purchase the property and in order to place the property "under offer", you may be required to complete a reservation agreement and pay a (refundable at completion) reservation fee, details available upon request.
Material Information
- Tenure: Leasehold
- Council Tax Band: B
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Norfolk Gardens, Summit, OL10 4TD
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