No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£250,000
Added > 14 days

2 bedroom apartment for sale

Spinners Mill, Hatter Street, Manchester
Chain-free
Save
Apartment
2 bed
2 bath
EPC rating: D*
839 sq ft / 78 sq m

Key information

Tenure: Leasehold | 244 yrs left
Ground rent: £250 per annum | review period: unconfirmed
Service charge: £1,284.95 per annum
Council tax: Band D
Broadband: Super-fast 80Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (244 years remaining)
  • 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.

Places of interest

    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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    *DISCLAIMER

    Property reference RS0785. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by NPP Residential - Manchester.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 21, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on February 2, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on June 7, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.