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    Stanley Street, Salord

    Offers In Region of £200,000Leasehold

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    Estimated Monthly Mortgage Payment:
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    ÂŁ180,000
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    Stanley Street, Salord

    Offers In Region of £200,000

    Flat
    1 Bedroom1 Bathroom1 Reception

    Key Information

    Tenure:Leasehold
    Service charge:ÂŁ2,143 per year
    Ground rent:ÂŁ1 per year
    Time remaining on lease:248 years
    Council tax band:B
    Broadband:up to 1000Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Sold with tenant in situ
    7.2% Gross yield
    Hands off investment
    City centre location
    High end facilities
    One bedroom
    High specification
    Sold furnished
    Walking distance to Spinningfields
    Secure today for the asking price

    Description

    The Lettings Club are delighted to offer to market this tenanted one bedroom apartment in the luxury development, Novella.

    Providing super-convenient access into Manchesters financial district of Spinningfields, the development benefits from a host of hotel style facilities on-site and free for residents to use. The high spec continues into the apartment itself, benefitting from quartz worktops, AEG appliances and a full package of attractive furniture. Parking is available to residents separately at an additional monthly cost.

    A look inside the property:

    The apartment briefly comprises; Entrance hallway with ample storage, open plan kitchen // living space with floor to ceiling windows, master bedroom, good sized family bathroom and a further storage cupboard.

    Included facilities:

    - 24 hour concierge service
    - Well equipped Gym with air conditioning and river views
    - Sixth floor roof terrace
    - Yoga studio
    - Private dining space
    - Co-working spaces
    - Residents lounge
    - Bike store

    Financial Breakdown:

    Occupancy: Available either vacant or tenanted
    Currently tenanted
    Tenure: Leasehold (Approx. 248 years remaining)
    Gross rent: £14,400
    Gross yield: 7.2%

    Service charge: Approx. £2143
    Ground rent: Peppercorn

    Location
    Location:

    Situated in the heart of Salfords most popular residential area, Novella is in the perfect location with many shops, bars and some of Manchester best restaurants right on your doorstep. Residents also benefit from excellent transport links via Manchester Victoria and Salford central train stations, a short walk from the development.

    Points of interest:

    - Spinningfields: 5 minutes walk
    - The Ivy, Menagerie, 20 stories and Firefly restaurants: All within 6 minutes walk
    - St Peters Square tram stop: 15 minute walk
    - University of Manchester: 25 minutes walk
    - Manchester Victoria station: 18 minutes walk
    - Salford Central station: 15 minutes walk