1 bedroom apartment for sale

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1 bedroom apartment for sale

Park Rise, Trafford Plaza M16
£130,000

Our Summary

  • *** cash buyers only - EWS1 not yet in place *** 1 bed apartment with parking

Description

This 1-bedroom apartment is located on the 3rd floor of the Park Rise development at Trafford Plaza, Manchester, just a 5-minute drive from the city center. The property features an entrance hall, double bedroom, bathroom with shower over bath, open-plan living and dining room, and fitted kitchen. It also comes with allocated parking and intercom. Currently let for £775pcm until October 2026, the apartment achieves a rental yield of 7.2%. However, the development does not yet have its EWS1 certificate, which may affect mortgage options. The property is leasehold with 245 years remaining and an annual service charge of £3,312.23. The current tenant is in a fixed-term contract until September 2024, and the property is available to cash buyers only.