1 bed flat for sale

Lincoln Gate, Red Bank M4

*** attention investors & cash buyers - tenanted property with excellent 8.26% rental yield *** 1 bed apartment. An excellent, 6th floor one bedroom apartment in the popular Lincoln Gate development at Red Bank, Manchester.

This lovely 6th floor one bedroom apartment, measuring approximately 516.67sqft, is in the popular Lincoln Gate development at Red Bank, Manchester. The property consists of an entrance hall with storage cupboard, leading through to an open plan living & dining with a fitted kitchen. The double bedroom is of a good size complimented by the house bathroom with shower over bath.

Additional benefits include intercom and elevator access. Located next to The Green Quarter, close to Manchester city centre, allowing for convenience to Victoria Rail Station and the inner ring road.

Tenant in situ until 30th June 2024, paying a monthly rental of £895, producing an excellent rental yield of 8.26%.

EPC: B. Certificate valid until 14 December 2030.
Annual service charge: £2,700.
Service charge review period: Annually in February.
Annual ground rent: £150.
Ground rent review period: Information not received.
Leasehold remaining: 979 Years.
Local Authority: Manchester City Council
Council Tax Band: B.

Property misdescriptions act 1991. For clarification, The Good Estate Agency hereby informs prospective purchasers, that we have not carried out a detailed survey, nor have we tested any of the appliances or heating system and cannot give any warranties as to their full working order. Purchasers are advised to obtain independent specialist reports if they have any doubts. All measurements are approximate and should not be relied upon for carpets or furnishings.

While these particulars are believed to be accurate, they are not guaranteed and do not form a contract. Neither The Good Estate Agency nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.