Offers in region of
£125,000
(£187/sq. ft)
2 bed flat for saleLangcliffe Place, Ringley Lock Stoneclough, Radcliffe M26
2 beds
1 bath
1 reception
667 sq. ft
EPC Rating: C
- Leasehold
Pearson Ferrier
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About this property
Neatly presented first floor apartment
Two generous sized bedrooms (master with fitted wardrobes)
Built by Countryside Properties circa 2005/6
Located in Stoneclough Village positioned close by to all local amenities
PVC double glazing & electric heating
Modern fitted kitchen with integrated appliances
Modern four piece family bathroom
Picturesque views overlooking the river
Allocated off road parking for one car
Investment opportunity
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.
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More information
Tenure
Leasehold (232 years)
Service charge
Council tax band
B
Ground rent
£125
Ground rent date of next review