Langcliffe Place, Ringley Lock Stoneclough, Radcliffe
£125,000

Guide price

Bedrooms: 2
An ideal investment opportunity with tenants already in place, generating a gross yield of 6.9% at £725 PCM, this modern first-floor, two-bedroom apartment is set within the charming Stoneclough village. The property offers a blend of peaceful countryside surroundings and convenient access to essential amenities, including nearby motorway and railway networks, ensuring easy commutes.

The apartment enjoys picturesque open views of the River Irwell and the surrounding countryside, providing a serene atmosphere. Inside, the property comprises a communal entrance hallway leading to a private entrance. The interior layout includes a spacious lounge/kitchen area, two well-proportioned bedrooms (the master featuring fitted wardrobes), and a stylish four-piece bathroom suite.

Outside, the property benefits from communal gardens and allocated off road parking for one car. This is an attractive opportunity for investors seeking a well-maintained property with a strong rental yield in a desirable location.

Communal Entrance Hallway

Entrance Hallway into Apartment

Lounge / Kitchen

19'1 X 12'6 MAX

Main Bedroom

12'11 X 9'2 MAX

Bedroom Two

11'2 X 9'3

Bathroom

Outside

Additional Information

Tenure - Leasehold

Term of the lease - 250 years from 1/1/2005

Ground Rent Payable - £125 per annum payable to Chichester Freehold Ltd

Service Charge - £ 1311.50 payable every x6 months to Regency Estates Management Ltd

Council Tax band B payable to Bolton MBC. Council Tax rates amount for 2024/2025 = £1,665.31

EPC Rating: C

Disclaimer,

All statements contained in these particulars are for indicative purposes only and are made without responsibility on the part of Pearson Ferrier and the vendors of this property and are not to be relied on as statements or representations of fact. Potential purchasers should satisfy themselves by inspection or otherwise as to the accuracy of such details contained in these particulars.

01612 584171

Pearson Ferrier - Radcliffe

44 Blackburn Street, Radcliffe

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