INVESTMENT PROPERTY Four bed let in a prominent student letting area recently refurbished to a very high standard. The property is CURRENTLY PRODUCING RENTAL INCOME of £1040 pcm with a net return of 8.4%.

Full Description

INVESTMENT PROPERTY Four bed let in a prominent student letting area recently refurbished to a very high standard. The property is CURRENTLY PRODUCING RENTAL INCOME of £1040 pcm with a net return of 8.4%.

In brief the property comprises of THREE DOUBLE BED ROOMS, two receptions rooms (one currently used as a bedroom) and a spacious fitted kitchen diner. The property also benefits from uPVC DOUBLE GLAZING gas central heating and an intruder alarm.

DIRECTIONS:
From our Manchester office, proceed south along Oxford Road, turning left at St.Marys Hospital, onto Hathersage Road. Proceed through the first set of traffic lights and then take first left onto Carmoor Road. East Grove will be observed as the second road on the right hand side.

In more detail:

ENTRANCE HALL:
uPVC security door, double panelled radiator, intruder alarm panel, telephone point and laminate flooring.

RECEPTION ROOM ONE: 12' x 11'3 (3.66m x 3.43m) (currently used as a bedroom)
uPVC double glazed window to front aspect, double panel radiator, laminate flooring and fitted meter cupboard.

LIVING ROOM:13'2 x 12' (4.01m x 3.66m)
uPVC double glazed window tot he rear aspect, double panel radiator, wall mounted gas fire. The room also benefits from a fitted storage cupboard and access to under stairs storage closet and laminate flooring.

OPEN PLAN DINING KITCHEN:15'1 x 9'5 (4.6m x 2.87m)
A range of base and eye level units with contrasting work tops. Single bowl stainless steel sink unit with tiled splash backs and mixer tap. Integrated electric oven and hob with extractor over. Under counter automatic washing machine, fridge and freezer. uPVC double glazed window and door to the rear aspect, laminate flooring and a double panel radiator.

On the first floor
Loft Access, fitted storage cupboard and a single panel radiator.

BEDROOM ONE: 15'1 x 12' (4.6m x 3.66m)
Two uPVC double glazed window to front aspect, double panel radiator.

BEDROOM TWO: 13'3 x 9'7 (4.04m x 2.92m)
uPVC double glazed window to rear aspect, double panel radiator.

BEDROOM THREE:9'7 x 8'11 (2.92m x 2.72m)
uPVC double glazed window to rear aspect, double panel radiator.

BATHROOM:
Modern three piece bathroom suite comprising w/c, pedestal hand wash basin and bath with thermostatically controlled shower over. Part tiled walls and a fully tiled floor. The bathroom also benefits from uPVC double glazed window to the side aspect and a single panel radiator.

ADDITIONAL INFORMATION:
The property is currently tenanted until June 2012 at £1040.00pcm.

THE PROPERTY MISDESCRIPTIONS ACT 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.