TO BE SOLD BY ONLINE AUCTION ON 12TH JUNE 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
1 The Winnows, Denton, M34 3QR
A ground floor self-contained flat comprising; porch, L- shaped lounge with dining area, kitchen, two bedrooms and three-piece bathroom. Front and rear gardens with outhouse storage.
Situated in a charming cul-de-sac in Denton, this ground floor flat presents a fantastic opportunity for investors, renovators, or homebuyers alike. Once fully modernized, similar properties in the area have sold for around £130,000, making it an attractive option for flipping or selling on the open market. Additionally, with a potential rental income of approximately £850 per month, it offers a lucrative investment opportunity with an impressive 13% yield based on today's guide.
The town centre offers a wide range of amenities on your doorstep from local shops, supermarkets leisure facilities and is also on the cross roads of the A57 providing public transport to Hyde, Ashton-under-Lyne, Stockport and Manchester, presenting a prime location for tenants.
It also provides access to some of the best schools in Tameside both at a junior and senior school level.
Here are a handful of similar sold properties taken from Land Registry which highlight the potential to be unlocked:
25 City Avenue Manchester M34 2BR Sold - 31/08/2023 £130,000 Flat 2 beds 0.24 mi
7 City Avenue Manchester M34 2BR Sold - 27/04/2023 £126,000 Flat 2 beds 0.26 mi
23 The Winnows Manchester M34 3QR Sold - 05/08/2022 £130,000 Flat 2 beds 0.04 mi
Rental values in the area are in the region of £850pcm
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
