We'll find your next home

£110,000

Ashworth Court

  • 0 beds
Flat

£110,000

  • 0 beds
Flat
Get Buyer Passport

Get a privileged access with Buyer Passport

  • Instantly access new properties
  • Access off-market properties
  • Stand out from other buyers
Buy with a mortgage
Buildings icon

Estimate monthly mortgage payment:

£502 per month

Minimum deposit amount:

£5,500
  • Share iconShare
OneDome - Properties for sale and to rent

Get a privileged access with Buyer Passport

  • Instantly access new properties
  • Access off-market properties
  • Stand out from other buyers

We are pleased to present this two-bedroom ground-floor apartment at Ashworth Court, Radcliffe, offering a fantastic investment opportunity in a sought-after location and with a soon-to-be rental income of £875pcm per calendar month (£8,100 per annum) as of the 24th of April 2025, providing reliable and consistent returns. The current tenant has been in situ for several years and has consistently paid rent on time. The property could do with some decluttering if a new tenant was to be found and a decroration and modernising, however, the current tenant as mentioned is happy in the property, paying on time and paying market rate.

Key Investment Features:
Asking Price: £110,000
Current Rental Income: As of the 24/04/2025 this will be £875pcm (£10,500 per annum)
Tenant: Long-term, been in the property for over five years
Service Charges: Approximately £95 per month approx (£1,140 per annum)
Ground Rent: £50 per annum
Leasehold: 968 years remaining
Gross Yield = 9.5%
Net Income = £9,310 per annum
Net Yield = 8.5%

Council Tax Band:
This property is in Council Tax Band A, ensuring an affordable local tax rate for the tenant.

Summary:
At an asking price of £110,000, this two-bedroom ground-floor apartment at Ashworth Court, Radcliffe offers a gross yield of 9.5%% and a net yield of 8.5%. The apartment already generates consistent income, with a long-term tenant in place, making it a low-maintenance, high-return investment. This property is ideal for investors seeking a solid return in a desirable location.

Mortgage calculator

Find out the cost of a mortgage for your new home.

£502 per month
Your repayment term
Please be aware, your results are only an estimate and should not be considered as a mortgage quote.

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
  • Mortgage advice and application
  • Conveyancing fee
  • Homebuyer protection insurance

Do you have property to sell or part exchange?

How can we help you today?

  • Find out what your
    home is worth
    case
    Check instantly an estimated value of your home
  • Find the best
    local agent
    guides
    Compare local estate agents based on their performance
  • Get an Instant
    cash offer
    house
    Get a cash offer for your property in under 48 hours

Area highlights

We’ve gathered data on the property locations to help you get-to-know the local area.

Things you should know

Some useful things about this property we think you should know

Bell icon

Be the first to see the newest properties

Create an alert and we'll email you the latest properties that come to market which match your requirements.