Guide price
£115,000
Studio for sale
Greengate, Salford, Greater Manchester M3Leasehold
1 bath
1 reception
EPC Rating: C
Key information
Tenure
Leasehold (132 years)
Service charge
£1,426 per year
Council tax band
A
Ground rent
£50
Ground rent date of next review
About this property
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
Unique studio apartment with a balcony in the highly popular Abito development.
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
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More information
Listed by
Savills - Manchester
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