Studio for sale
Key information
Property description & features
- Tenure: Leasehold (132 years remaining)
- Internal images available upon request
- High yields, rent achievable up to £850pcm
- EWS1 Available
- Unique studio apartment
- City centre location
- Nearby to host of amenities
- Great transport links
- Excellent buy to let or owner occupier home
- EPC Rating = C
Description
Excellent studio apartment opportunity available for purchase on the sixth floor of the popular Abito development.
The unique concept of Abito is focused around a central pod which houses all the utilities. This includes a fitted kitchen, washing machine/utility area, and the well-appointed three piece bathroom. This use of a centralised island enables the occupier to enjoy full use of the space to create a chic and comfortable living environment.
With fantastic space to the entry of the property for the bedroom area, the lounge/kitchen to the rear of the property, the apartment is then complete with a full sized balcony and ample levels of storage throughout.
Positioned in an area that’s undergone huge regeneration over the last few years, Abito offers investors an excellent yield with expected rent on re-let up to £850pcm (8.87% gross yield).
The apartment is currently tenanted on a monthly rolling contract, and therefore available to both owner occupiers and investors.
EWS1 Form available!
Cladding disclaimer: This property may have cladding, as far as we know the current position with the property is: ‘It’s been tested and there are no works required’ * You should make enquires about the external wall system of the property, if it has cladding and if it is safe or if there are interim measure in place.
Location
Abito sits in an excellent Greengate location close to all Manchester has to offer. Victoria tram and train links (0.6m) and the Arndale shopping centre (0.4m) are all within easy reach.
Deansgate is also situated nearby (0.4m) with a host of restaurants, bars and attractions perfect to enjoy city centre living.
You are also not far from sport and entertainment options. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2.8m and 2.4m away respectively.
For cultural activities, locally residents are only 0.9m from Manchester's popular Northern Quarter which offers a variety of leisure and nightlife activities.
Please note all distances quoted are approximate.
Square Footage: 351 sq ft
Leasehold with approximately 133 years remaining.
Additional Info
Buildings insurance: £281.81 per annum
Places of interest
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*DISCLAIMER
Property reference MAN240073. 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 Savills - Manchester Bridge Street.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 30, 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 30, 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: obtained on April 16, 2012 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.