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Studio for sale in Westpoint, Chester Road, Old Trafford

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Studio for sale

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Tenure:

Leasehold

Time remaining on lease:

245 years

Service charge:

£2,000 per year

Ground rent:

£250

Council tax band:

Utilities and more details

Property features

Cash Buyers Only (Due to Size)
Studio Aparment
Fourth Floor
Bike Storage, Gym, Concierge
Close To Central Manchester
Rented Currently at £819 pcm Including Bills
No Onward Chain
EPC Rating C / Council Tax Band A
Step free access

Property description

*Investment opportunity for a cash buyer! Currently generating £819 per month (including the bills) giving a 9.82% gross yield - projected to increase to £900 per month from Sept 24.*

Jordan Fishwick are pleased to offer for sale this well presented studio apartment on Chester Road, just a stones throw away from Central Manchester. The apartment is compact, yet comfortable with stunning views over the nearby greenery. The apartment has a fitted kitchen, fitted wardrobes, and a well presented shower room. On site facilities include concierge, lounge and resident only gym. EWS1 in place.

Studio (5.02 x 4.31 (16'5" x 14'1"))

Range of wall and base units with worktops over. Sink with mixer tap. Fridge with freezer box. Cooker with hob and extractor over. Fitted wardrobe.

Shower Room

Fully tiled shower suite. Shaver point. Low level W/C. Sink with mixer.

Externally

Laundrette. Concierge. Lounge. Gym. Bike storage. Lifts to all floors.

Investment Details

Rental Income - £819 per month (including bills)
Ground rent - £250 per annum
Lease - 250 years from February 2019
Service charges - £2000 per annum
Managing agents - Manchester Apartments
Net yield - 7.57%

Property info

Floorplan(s): Floorplan 1

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Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Jordan Fishwick LLP, and do not constitute property particulars. Please contact Jordan Fishwick LLP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.