£300,000 OIRO

Clarence Street, Shaw, OL2 6LR (3 x 1 Bed Apts and 1 x Retail Unit)

£300,000 OIRO

3 Bedroom Apartment For Sale

Clarence Street, Shaw, OL2 6LR (3 x 1 Bed Apts and 1 x Retail Unit)


Key features

  • TURN KEY INVESTMENT OPPORTUNITY
  • THREE SELF CONTAINED APARTMENTS
  • ONE SELF CONTAINED RETAIL UNIT
  • GROSS ANNUAL RENTAL OF £22,900
  • GROSS ANNUAL YIELD OF 7.63%
  • UPVC WINDOWS AND DOORS
  • LARGE CELLAR
  • COMMUNAL GARDEN
  • OFF ROAD GATED PARKING
  • POTENTIAL TO INCREASE RENTS / YIELD

SUMMARY
Martin & Co are delighted to offer For Sale this investment opportunity consisting of three one bedroom apartments and one retail unit - current annual rental income of £22,900 across the four units, generating a 7.63% gross yield at the asking price.

Each self contained apartment benefits from modern fixtures and fittings, UPVC windows and gas combi central heating. The prominent retail unit has its own private entrance and is an established barbers shop.

All relevant safety certificates, rent accounts and tenancy documents are available.

Early viewings are a must! 

VIDEO WALKTHROUGH TOUR
Please click on the Video Tour tab to view a walk through tour of the properties 

APARTMENT COMMUNAL AREAS
An entrance hallway provides access to two storage cupboards housing the electricity and gas meters and leads to an internal hall providing access to Apartment 1a, the large cellar and stairs to first floor.

The first floor landing area includes a storage room and provides access to Apartments 1b and 1c 

APARTMENT 1A - GROUND FLOOR - EPC: C  

HALL 3' 3" x 6' (0.99m x 1.83m)
Neutral decor  

LOUNGE 9' 9" x 11' 10" (2.97m x 3.61m)
Neutral decor, laminate flooring, French doors to garden area 

KITCHEN 6' 2" x 11' 10" (1.88m x 3.61m)
Neutral decor, a range of wall and base units, SS sink, integrated electric oven and halogen hob 

SHOWER ROOM 11' 6" x 5' 3" (3.51m x 1.6m)
Neutral decor, partially tiled walls, white toilet and wash hand basin, shower cubicle, UPVC window 

BEDROOM 14' 2" x 15' 11" (4.32m x 4.85m)
Neutral decor, UPVC window, radiator 

APARTMENT 1B - FIRST FLOOR - EPC: C  

HALL 3' 3" x 4' 8" (0.99m x 1.42m)
Neutral decor 

KITCHEN/BREAKFAST ROOM 8' 5" x 11' 2" (2.57m x 3.4m)
Neutral decor, a range of wall and base units, SS sink, integrated electric oven and hob, UPVC window, radiator 

SHOWER ROOM 6' 8" x 6' 6" (2.03m x 1.98m)
Neutral decor, partially tiled walls, white toilet and wash hand basin, shower cubicle, chrome towel rail / heater 

LOUNGE 11' 1" x 16' 5" (3.38m x 5m)
Neutral decor, radiator, UPVC window 

BEDROOM 14' 0" x 10' 4" (4.27m x 3.15m)
Neutral décor, UPVC window, radiator 

APARTMENT 1C - 2ND FLOOR - EPC: C  

LOUNGE / KITCHEN / DINER 15' 11" x 13' 2" (4.85m x 4.01m)
Neutral decor, a range of wall and base units, SS sink, integrated electric oven and hob, UPVC window, radiator 

BEDROOM 10' 2" x 7' 10" (3.1m x 2.39m)
Neutral decor, UPVC window, radiator 

SHOWER ROOM 4' 10" x 8' 6" (1.47m x 2.59m)
Neutral decor, partially tiled walls, white toilet and wash hand basin, shower cubicle, chrome towel rail / heater 

70-72 HEYSIDE - BARBERS - EPC: C  

RECEPTION ROOM 8' 11" x 18' 11" (2.72m x 5.77m)
Neutral decor, radiator, UPVC window and door 

KITCHEN AREA / WC 8' 6" x 4' 5" (2.59m x 1.35m)
Neutral decor, worktop, SS sink, separate wc 

ROOM ONE 16' 11" x 22' 4" (5.16m x 6.81m)
Two large windows, external door - currently configured as a working barbers 

STORAGE 5' 0" x 5' 6" (1.52m x 1.68m)
Storeroom located within Room One 

ROOM TWO 14' 6" x 15' 2" (4.42m x 4.62m)
Window - currently used as a waiting room / storage - potential treatment / retail area 

 

EXTERNAL
There is gated parking for two vehicles (in tandem) to the rear (currently used by apartment 1b) and a rear garden set to patio and artificial grass. 

NEED A MORTGAGE?
Why pay a mortgage broker fee of circa £500 or be restricted to your current lenders rates?

Especially when Martin & Co can introduce you to our FEE FREE Mortgage advisor with access to whole of market mortgages and offering potential savings against your current lender.

Call today to arrange a ten minute (no obligation) telephone consultation

One quick call at a time to suit you, could potentially save you thousands of pounds over the course of your mortgage.

Please remember, your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it  

THINKING OF SELLING YOUR HOME?
At Martin & Co we have over 25 years experience working with sellers, buyers, landlords, tenants and investors. We have over 180 owner managed offices throughout the UK ready to help you let a property, rent a new home, buy or sell.

Don't take our word for it, let our actions convince you!!

Please contact our office today to discuss your individual requirements

Ps - We now provide a free Rightmove Premium Listing and 360' Virtual Tour / interactive 3D Model for all new listings!  

IMPORTANT COVID-19 INFORMATION, PLEASE READ
The government have allowed estate agents to re-open and resume viewings and house moves.

The health and safety of our staff, contractors and clients is paramount and so, in order to prevent unnecessary viewings, we request that prior to contacting us you do the following.

1. Thoroughly read the properties sales particulars
2. If there is a floor plan, video, or 360' virtual tour please view them to ensure the property and its layout meets your needs
3. If there are room dimensions, please take note to ensure the room sizes meet your needs
4. Conduct a drive by of the property to ensure the position and location of the property meets your needs

Assuming the above is ok and you are not exhibiting signs of covid-19 (persistent cough, high temperature), please contact the office where we will be happy to answer your questions and arrange a viewing.

For all viewings:

1. You will be required to bring your own hand sanitizer and sanitize prior to entering and upon leaving the property
2. You will be required to bring your own face mask, or face covering and to wear this throughout the viewing. Shoes should be removed or plastic over boots worn
3. You must not touch any surfaces within the property during the viewing
4. You will be required to maintain social distancing of at least 2m from our staff during the viewing
5. Viewings are limited to two adults maximum and of the same household (no children)

By following the above we will help to create a safe environment and enable house moves to occur during these difficult times.  

Book a viewing

Contact Martin & Co Rochdale

  • 15B Cheetham Street
  • Rochdale
  • OL16 1DG

Call 01706 648277

rochdale@martinco.com

Contact us now