Brand New 1 Bedroom Apartment For Sale
SalesBrand New 1 Bedroom Apartment For Sale
 Elisabeth Mill, Elizabeth Gardens, Stockport, SK5
Offers over £110,000
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Reception Rooms

Property description

*** CASH BUYERS ONLY *** GREAT INVESTMENT ***

***This is exciting opportunity to own a brand new one bedroom apartment ***

This fantastic new built apartment is situated in a converted mill and boasts luxury living space comprising of an open plan kitchen/lounge area, double bedroom and bathroom.

The nearby area has plenty to offer with a large country park of over 160 acres with riding school, and small animal center, fishing pond, lots of wildlife, idyllic woodland and riverside walks. There are also bars and restaurants nearby to be enjoyed.

It is also conveniently connected to Manchester City Centre and Manchester Airport. It takes approximately only 20 mins drive to both locations. It is also well connected with 3 nearby train stations and a couple of bus stations.

Viewings can be arranged with Philip Ellis Estate and Lettings on 0161 773 1011.

Important information

The vendor has informed us of the following:

Ground rent: £80 per year

Service charges: £895 per year

New build- completion May 2020

10 years building warranty from 12th May 2020

250 years lease from 1st Jan 2018

Yield: 5 %

There are no management letting fees during the rent guarantee period.

2 years rent contract of £6300 per year, starting from May 2020 to April 2022.

Totally hands-off solution with about 2 years fixed income.

Management fee: No management fee up to 11th May 2022.

Rental income will be calculated from the completion date.

Buyer will have slightly less than 2 years depending on when they complete.

Property Information

  • Reference number philip_1166761715
  • Property Type Flat
  • Furnishing Part Furnished
  • Tenure Leasehold
  • Current Occupant Vacant
  • Open Plan Kitchen/Lounge 4.3m x 4.32m
  • Bedroom 3.98m x 3.17m
  • Bathroom 2.38m x 1.80m
  • Important Information
  • Disclaimer
  • Market infoMarket info

Location

Elisabeth Mill, Elizabeth Gardens, Stockport, SK5

Floor Plan

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