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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£200,000
Reduced < 7 days

2 bedroom flat for sale

W3, 51 Whitworth Street West, Southern Gateway, Manchester, M1
Auction
Reduced
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Flat
2 bed
2 bath

Key information

Tenure: Leasehold
Ground rent: £150 per annum | review period: unconfirmed
Service charge: £4,200 per annum
Council tax: Band E
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
  • Mortgage Buyers Welcome
  • Perfect Investment - 9% Yield Projected
  • Open Plan Living Room/Kitchen
  • Two Double Bedroom/Two Bathrooms
  • Secure Parking Included
  • Balcony Providing City Views
  • 24 Hour Concierge
  • Fourth Floor
  • Next to Oxford Road Station/Close to Universities
Welcome to The W3 Building, a prime opportunity nestled on the corner of Whitworth Street West and Oxford Road, strategically positioned near Manchester's prestigious universities and conveniently opposite Oxford Road station. This highly sought-after location makes it an ideal choice for investors, offering rental income of £1300pcm (£1500pcm is acheiveable) and an impressive 7.8% (9% based on £1500pcm) yield.

Nestled on the fourth floor, this exquisite apartment boasts panoramic views of Manchester's captivating skyline. The expansive living room seamlessly connects to a balcony, offering a breath-taking vista. The open-plan integrated dining kitchen adds a touch of modern sophistication. The large master bedroom features a dressing area and en suite shower room, complemented by a second double bedroom and a generously appointed bathroom. Ample storage space and secure parking enhance the appeal of this apartment.

Adding to its allure, The W3 Building boasts a 24-hour concierge service, elevating the living experience for residents and ensuring a secure and well-maintained environment. With an outstanding EPC Rating of C, this property showcases its commitment to energy efficiency and sustainability, making it an even more attractive prospect for discerning investors. Don't miss the chance to be part of this thriving urban community. Subject to Contract.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Places of interest

    We have been prominent in the City Centre since the year 2000 and our flagship Southern Gateway Office is one of the most recognisable brands in Manchester. Occupied by 5 full time Sales Staff and headed by a bright and dynamic Sales Manager, Stephen Clayton, this team cannot be beaten in regards to experience and commitment. With many popular property developments in the Southern Gateway area of Manchester and with it boasting the huge new HOME leisure development with cinemas, theatres, galleries, bars and restaurants, there is certainly a lot going on. Located near to Oxford Road and Manchester University, it's a popular area for students and graduates. Get in touch with our Sales or Lettings teams and let us take the hassle out of selling or renting your property!

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    *DISCLAIMER

    Property reference STY230391. 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 Thornley Groves - Manchester.

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

    Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021

    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 December 23, 2021

    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.

    *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.