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ATTENTION INVESTORS - PURCHASE THIS READY MADE INVESTMENT PROPERTY!
The Lettings Club are delighted to offer to market this fantastic two bedroom apartment in this development in Ancoats, Manchester City Centre, sold tenanted. Providing super-convenient access into Manchester trendy Northern Quarter as well as the rest of the city centre, the development benefits from being perfectly located for Manchesters thriving economy. The apartment includes the added benefits of a full scheme of furniture included in the selling price.
Their is an assured short hold tenancy in place with a rent of ÂŁ1100PCM, the tenancy is managed by The Lettings Club and tenancy is fully compliant with no rent arrears or disputes.
A look inside the property:
The apartment briefly comprises; Entrance hallway leading to the open plan kitchen // living space leading out onto a private balcony, utility cupboard housing the washing machine, master bedroom with en-suite wetroom, a further double bedroom and good sized family bathroom.
Financial Breakdown:
Occupancy: Tenanted
Tenure: Leasehold
Gross rent: ÂŁ13,200
Gross yield: 8.8%
Service charge: Approx. ÂŁ2635 PA (Confirmed)
Ground rent: Approx. ÂŁTBC PA
Location:
Situated in the heart of one of Manchester most popular residential areas, Advent is in the perfect location for Manchesters renter market with many shops, bars and some of Manchester best restaurants just a short walk of your doorstep. Residents also benefit from excellent transport links via New Islington tram station which is just five minute walk from the entrance as well as easy access to the waterfront via the marina.
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 ÂŁ272,000, reflecting a 4.9% increase from the previous year. This growth rate is notably higher than the national average of 3.6% in the same period.
Auction details
This Property is being sold by The Lettings Club Modern Method Auction.
Modern Method Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale.
A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed. Please contact The Lettings Club to view these documents.
When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of ÂŁ6,875 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact The Lettings Club Team.
