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No longer on the market

This property is no longer on the market

EPC
EPC

2 bedroom apartment

Chain-free
Apartment
2 beds
2 baths
839
EPC rating: D
Added > 14 days

Key information

TenureLeasehold | 244 yrs left
Ground rent£250 per annum | review period: unconfirmed
Service charge£1,284.95 per annum
Council taxBand D
BroadbandSuper-fast 80Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • 2 bedrooms
  • Active tenant in place
  • Chain free
  • City centre location
  • Fantastic Investment Oppurtunity
  • Strong Rental Yields
*A GREAT INVESTMENT OPPERTUNITY*A CITY CENTRE TWO BED, TWO BATHROOM APARTMENT ON THE LOWER GROUND FLOOR IN SPINNERS MILL LOCATED IN THE POPULAR ANCOATS AREA.

The property benefits from an entrance hall that gives access to all area as well as a storage cupboard which has space and plumbing for a washing machine. There are two double bedrooms, one which comes with an en-suite, a family bathroom and a open plan living, kitchen and dining area.

The property currently has two active tenants in place with a rental income of £1150 per calendar month which gives the property a 5.52% yield. The apartment in total comes to 829sqft.

Ancoats which has been named the best place to live in Manchester, it is a happening neighbourhood known for its eclectic food and drink scene. Scandinavian eateries, Japanese teahouses and Mexican restaurants, to name a few, sit alongside craft breweries and speakeasy-style bars. There area has everything on its doorstep as well as great transport to all other areas across Manchester.

Council Tax Band: D
Tenure: Leasehold (244 years)
Ground Rent: £250 per year
Service Charge: £1,284.95 per year

Rooms

Entrance hall
The entrance hall gives access to all rooms as well as there being a storage cupboard that has space and plumbing for the washing machine.

Kitchen/lounge 6.66m x 4.65m (21ft 10in x 15ft 3in)
This is a spacious and open plan kitchen, dining and living area. The kitchen comes with base and eye level units and built in fridge-freezer, oven with hobs and extractor fan over hear and a stainless steel sink with mixer tap. This area is also partly carpeted with electric heating and double glazed windows.

Bedroom 1 5.36m x 2.76m (17ft 7in x 9ft)
Large double bedroom with carpet flooring, electric heating and double glazed window.

En-suite
En-suite shower room with WC, hand wash basin with mixer tap, shower cubicle, heated towel rain and tiled splashback throughout.

Bedroom 2 5.98m x 2.58m (19ft 7in x 8ft 5in)
Another double bedroom with carpet flooring, electric heating and double glazed window.

Bathroom 1.44m x 2.55m (4ft 8in x 8ft 4in)
Family bathroom with WC, hand wash basin with mixer tap, and bath with shower over head and a glass shower screen. Also with heated towel rail and tiled splashback throughout.

Property information from this agent

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About this agent

NPP Residential - Manchester
NPP Residential - Manchester
22 Lloyd Street Manchester M2 5WA
0161 506 2377
Full profileProperty listings
NPP Residential is an independent sales & letting agent in the heart of Manchester City Centre. NPP Investments is one of the country’s leading sourcing companies of UK investment property. With over 20 years combined experience in the property investment sector, NPP has significantly impacted on the UK property investment market. For our vendors, we offer a transparent and personal service with a competitive fee structure.  For our landlords, we have an in house property management service, offering a range of packages each priced at a very competitive rate.  Based in the heart of Manchester, our finger is on the property pulse and we’re entrenched in all things Manchester. We love this city, and we love our clients who invest here.
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