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864 and 864a Manchester Road... 2 bed apartment for sale
864 and 864a Manchester Road, Castleton OL11 2SP
£165,000
864 and 864a Manchester Road, Castleton OL11 2SP
£165,000
Price History
Initial price | £170,000 |
13/05/25 | £165,000 |
Price Change | -2.94% |
Description
This property is a unique investment opportunity in Castleton Village, comprising a ground floor shop and premises, currently let out for 5 years with a break clause after 2.5 years, generating £660 per month. The shop has a floor area of approximately 505 sq.ft. and features a front office, kitchen, and separate WC. The basement includes two cellar rooms and a rear store. Additionally, the property includes a 2-bedroom apartment on the first floor, let out on an assured short hold tenancy agreement, generating £695 per month. The apartment has a kitchen, lounge, two bedrooms, and a bathroom. The property is situated in the heart of the village, close to the train station with links to Manchester and beyond. Note that the lease covenants restrict the use of the property to certain trades and activities.