1 bed Flat For Sale £62,000
Old School Court, Old School Drive, Blackley

TO BE SOLD BY ONLINE AUCTION ON 24 TH APRIL 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

* Flat 20 Old School Court, Old School Drive M9 8DR *

Vacant second floor modern apartment comprising; intercom entry, hallway, lounge, modern kitchen, one bedroom and bathroom. Communal gardens.

* VIRTUAL VIEWING AVAILABLE *

An excellent opportunity for a buy to let investor to take on a lucrative investment with similar flats in the area commanding in the region of £650-£700 pcm which equates to £8400 per annum, it offers an impressive 13.5% yield based on today’s guide.

The property is located in a popular area and with high demand and little available, it makes a promising buy to let investment. There is a wide range of shops and supermarkets nearby and the property is ideally placed for access to Manchester city centre and the M60/M62. It is also ideally placed for access to North Manchester General Hospital, Booth Hall Children’s Hospital, Boggart Hole Clough, and North Manchester Sixth Form College.

Here are a handful of similar sold properties which highlight the potential to be unlocked:

5 Gillford Avenue Manchester M9 4HD - Sold - 11/05/2023 £102,000 Flat 1 beds 0.96 mi

28 Coppleridge Drive Manchester M8 4PB - Sold - 09/03/2023 £80,105 Flat 1 beds 0.87 mi

Apartment 3 73 Old Market Street Manchester M9 8DX- Sold - 19/06/2023 £98,000 Flat 2 beds 0.06 mi

Rental values in the area are in the region of £650-£700 PCM. Epc rated- E