Langcliffe Place, Ringley Lock Stoneclough, Radcliffe
PE

Langcliffe Place, Ringley Lock Stoneclough, Radcliffe

By Pearson Ferrier

£ 125,000

Reviews

2 out of 5 stars

Pearson Ferrier says ..

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 ess...

Property Oracle says ..

This two-bedroom apartment located in Langcliffe Place, Stoneclough, Radcliffe, presents itself as a potentially viable investment opportunity, especially for first-time buyers or those seeking rental income. The property is situated conveniently close to Kearsley train station, offering good transport links. The apartment appears clean and well-maintained, based on the images provided. Several well-regarded primary schools are nearby, increasing family-friendly appeal. The current rental income adds to the investment appeal, especially if the buyer chooses to retain the tenants. However, several aspects limit a more definitive assessment. The lack of square footage data, precise plot size, and a more comprehensive description of the property’s finishes and condition warrant a degree of caution. Furthermore, without knowing the exact age and details of any building maintenance costs, a full assessment of value for money is limited. The area appears peaceful and well-located. It would be advised to conduct a full survey before completion.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
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Leaflet © OpenStreetMap contributors

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
385,295.00 £
Decreased by 23.63 %
from 504,481.00 £
Average area rental value
2,026.00 £/mo
Increased by 11.01 %
from 1,825.00 £/mo
Est rental Yield
6.31 %
Increased by 45.39 %
from 4.34 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Pearson Ferrier created the listing.

Nearby Schools

NameTypeOfstedDistance
St Saviour Cofe Primary School, RingleyVoluntary Aided SchoolOutstanding0.81 KM
Prestolee Primary SchoolAcademy Converter0.89 KM
St Stephen'S Cofe Primary SchoolVoluntary Aided SchoolGood1.43 KM
Spindle Point Primary SchoolCommunity SchoolGood1.45 KM
Mytham Primary SchoolCommunity SchoolGood1.59 KM

Images

Outside - Front Lounge / Kitchen Lounge / Kitchen Lounge / Kitchen Main Bedroom Bedroom Two Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Back Church Road £ 145,00000.00 KM
Back Lindley Street North £ 190,00000.00 KM
Towpath £ 000.00 KM
Prestolee Road £ 000.00 KM
Randolph Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Kearsley (Manchester)2605KSL1.36 KM
Farnworth2811FNW2.77 KM
Moorside2799MSD3.59 KM
Moses Gate2606MSS4.34 KM
Swinton (Manchester)2800SNN4.52 KM

Nearby Listings

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4 Selside Court £ 110,0000.07 KM