COUNCIL TAX BAND C

*CASH BUYERS ONLY*

We are excited to offer to the market this well-presented 1-bedroom apartment located on Ludgate Hill in Manchester.

This property is a great purchase for an INVESTOR as it can generate a monthly rental income of £1000pcm, creating an exceptionally good yield 12% yield. The service charge will reduce when the EWS1 is issued as a large amount of the current service charge is increased buildings insurnace premium.

The property is located on the first floor and is nicely configured throughout with the accommodation arranged over one floor, comprising an entrance hallway with an open planned Kitchen/Living Room located to the right-hand side. The space boasts an abundance of natural daylight, creating a bright and airy feeling throughout. The modern kitchen is fully equipped with sleek fittings and includes mounted units and contemporary surfaces.

The property further comprises a well-sized double bedroom and an immaculately kept bathroom with both shower and bath facilities.

The property would make the perfect first-time purchase or investment opportunity for those looking to expand their portfolio in this sought-after area.

Ludgate Hill is located moments away from all amenities in the area including Restaurants, bars, retail stores, hotels, banks, gyms, The Arndale Shopping centre, Manchester Fort Shopping Park, entertainment options and much more. A range of education options are close to the property along with parks.

Tram stops surround the property and Manchester Piccadilly, and Manchester Victoria train stations are both within 5 minutes away providing direct services to London, Manchester airport, Liverpool, Glasgow, Bournemouth, Blackpool, Hull, Chester and much more.

Viewing highly recommended to appreciate the opportunity on offer.

Being Sold by Online Auction

Starting Bids from: £85,000

Buy it now option available

Please call or visit Goto Online Auctions for more information.

This property is for sale by Modern Method of Auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing contact[use Contact Agent Button].