2 bedroom flat for sale

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2 bedroom flat for sale

Britain Street, Bury, Greater Manchester, BL9
£105,000

Price History

Initial price £110,000
08/03/25 £105,000
Price Change -4.55%

Description

This two-bedroom top-floor apartment is being sold with long-term tenants in place, providing a steady income stream. The property features an open-plan kitchen/living space, allocated parking, and an intercom entry system. With 999 years remaining on the lease from 2005, this is an attractive investment opportunity. The current rental income is £600 per month, generating a gross yield of 6.8%. The service charges and ground rent are £870.17 and £150.00 per annum, respectively. The management fees are approximately £720.00 per annum. With a net yield of 5.8%, this property presents a solid investment opportunity for those looking for a hassle-free, long-term rental income stream.