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    Bendix Street, Manchester

    Offers In Region of £290,000Leasehold

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    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ1,378 /mo.25 Years, 4% Interest
    Loan
    ÂŁ261,000
    Total Repay
    ÂŁ413,296

    Stamp Duty

    You’ll have to pay the stamp duty of:
    ÂŁ4,500
    0% up to ÂŁ125,000
    2% from ÂŁ125,000 to ÂŁ250,000
    5% from ÂŁ250,000 to ÂŁ290,000
    Your effective stamp duty rate is 1.55%
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    Bendix Street, Manchester

    Offers In Region of £290,000

    Flat
    1 Bedroom1 Bathroom1 Reception

    Key Information

    Tenure:Leasehold
    Service charge:ÂŁ2,933 per year
    Ground rent:ÂŁ330 per year
    Time remaining on lease:985 years
    Council tax band:C
    Broadband:up to 80Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    One bedroom
    Hotel style facilities
    Recently completed building
    Sold furnished
    High end finish
    Access into a gym
    Access onto a roof terrace
    Manchester city centre
    High tenant deman
    Vacant possession available

    Description

    The Lettings Club are delighted to offer to market this fantastic one bedroom apartment in this modern development in Ancoats, Manchester City Centre.

    Providing super-convenient access into the City centre and the bustling 'Northern Quarter', the development benefits from being perfectly located for Manchesters thriving economy. The apartment includes added benefits of a furniture pack as well as access to high end communal facilities.

    A look inside the property:

    The apartment briefly comprises; Entrance hallway leading to the open plan kitchen // living space with floor to ceiling windows and fantastic views, utility cupboard, large shower room, and a double bedroom with built in wardrobes.

    Facilities on-site:

    - High end co-working spaces with free wifi
    - Concierge desk
    - Modern gymnasium
    - Rooftop gardens with unrivalled views of Manchester

    Financial Breakdown:

    Tenure: Leasehold (Approx. 950 years remaining)
    Expected gross rent: £16,800
    Gross yield: 5.8%

    Service charge: Approx. £2933 PA
    Ground rent: Approx. £330 PA

    Location:

    Situated in the heart of one of Manchester newest and most popular residential areas, Ancoats Gardens is in the perfect location with many shops, bars and some of Manchester best restaurants within just a short walk of your doorstep. Residents also benefit from excellent transport links via Victoria station which is just ten minutes walk from the entrance, providing tram and further rail links.

    Over recent years the Manchester property market has shown its potential to the world with one of the most talked about property markets in 2024. The average house price in Manchester currently stands at £272,000, reflecting a 4.9% increase from the previous year. This growth rate is notably higher than the national average, which hovered around 3.6% in the same period.