This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Tenure: Leasehold
Welcome to a lucrative investment opportunity in Manchester. This one-bedroom, one-bathroom property is designed for both modern living and substantial returns, boasting a communal rooftop garden that offers breathtaking views of the city skyline. With an impressive 8.3% yield, this investment is a strategic choice for those seeking a robust financial portfolio. Located in the dynamic city of Salford, residents enjoy proximity to local amenities, cultural hubs, and seamless transport connections, enhancing the property's appeal.
Currently rented at £840 PCM giving an 8.3& gross yield.
Material Information Relevant To Purchase
Council Tax - Salford City Council - Band B
Lease - 250 Years From 01/09/2016 with 242 years remaining
Ground Rent - £345 PA - reviewed every 9 years with the next review 2025
Service Charge - £1800 PA - reviewed annually
Electricity - Connected to mains metered electricity with the supplier being Last Mile Electricity
Water - Connected to mains water supply and drainage with the supplier being United Utilities
Broadband - Not connected yet, FTTC connection available
Mobile - Good coverage from all network providers available
Parking - None included with the property, on street is available nearby
Heating - Mains electric powered wall mounted heaters
Construction - EWS1 in place with a B1 rating.
Parking - None with the property but on street is available close by
Places of interest
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*DISCLAIMER
Property reference S842101. 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 Henry Wiltshire - Manchester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on September 13, 2023
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 September 13, 2023
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
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.