2 Bed Flat For Sale Shudehill, Manchester, M4

£200,000- Flat

1 of 15
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Last Updated: 23rd April 2024

Description

IDEAL FOR OWNER OCCUPIERS OR INVESTORS!\r
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Mr Investa are pleased to present to the market this IMMACULATELY PRESENTED two bedroom, two bathroom, 2nd floor apartment in a HIGHLY SOUGHT AFTER LOCATION of the Northern Quarter. Ideal for those looking for convenient city living in an attractive historic building.\r
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The Umbrella Factory is an attractive period conversion where modern fixtures and fittings are mixed with character features. Converted in 2018 to create 9 residential apartments over 5 floors within the Northern Quarter. Prime location on Shudehill, close to Victoria Station and The Arndale Centre, as well as having great access to the heart of the Northern Quarter and Manchester City Centre, therefore making it an ideal choice for both owner occupiers and buy-to-let investors.\r
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In brief the property comprises; entrance hallway with utility storage cupboard, open plan living room and kitchen, main double bedroom with ensuite, second double bedroom with feature bay window and a main bathroom.\r
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Tenanted Until 31st October 2024!\r
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Current Financial Performance\r
Rental Income: £925pcm / £11,100pa (Market rental value £1,100pcm-£1,200pcm)\r
Service Charge: £2,821.28pa\r
Ground Rent: £250pa\r
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NET Income: £8,028.72\r
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Leasehold: 250 years from 2018.\r
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NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.
Agent Details
Mr Investa Ltd
Mr Investa, Blue Tower, MediaCityUK, M50 2ST

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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