2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- 11th Floor apartment (with lift)
- Two bedrooms
- Currently let with annual income of £12,000
- Excellent investment opportunity with rental yield over 10%
- Gated residents parking
Hyde Estates are pleased to offer this two bedroom 11th floor apartment for sale. Currently generating an annual rental income of £12,000 with the tenant having an Assured Shorthold Tenancy agreement until March 2025. This attractive investment opportunity generates an excellent yield before disbursements of over 10%.
The apartment is served by a lift and benefits from gated residents parking, fabulous panoramic views of Manchester City Centre and is ideally located close to public transport links into the city for commuters or those wanting to enjoy the many amenities this area has to offer.
Briefly comprising; entrance hall, open plan living room and kitchen, two double bedrooms and bathroom.
Accommodation:
Comprising; entrance hall with door entry phone, utility cupboard with plumbing for a washing machine, open plan living area with excellent views over Manchester. The fitted kitchen features an integral electric oven, hob, overhead extractor hood together with space for an under counter fridge and freezer. The bathroom is fully tiled and features a bath with electric shower, glass shower screen, low level WC and pedestal wash basin. Both bedrooms can accommodate a double bed and freestanding bedroom furniture.
Living room / kitchen: 23’ 10” x 13’ 2”
Bedroom 1: 13 11” x 7’ 7”
Bedroom 2: 11’ 11” x 9’ 6”
Bathroom: 7’ 2” x 6’ 6”
Gardens:
Tended communal gardens with gated residents parking.
Additional Information:
The property is serviced by wall mounted electric heaters and uPVC double glazing.
Tenure:
We understand from the vendor that the property is Leasehold subject to a 999 year lease which commenced in January 2003 with an annual ground rent of £100.
Service Charge:
We understand that the each flat pays £1,323 on a biannual basis.
Council Tax:
Salford Council, Band A.
Fixtures & Fittings:
Carpets, curtains, and light fittings available by negotiation.
Viewings:
All viewings to be arranged via Hyde Estate and Letting Agents[use Contact Agent Button].
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Property reference 1272. 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 Hyde Estate & Letting Agents - Manchester.
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Broadband availability and predicted speed: obtained from Ofcom on December 30, 2021
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 30, 2021
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