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1 bedroom flat for sale
Chapeltown Street, Manchester, Greater Manchester, M1
£120,000
Chapeltown Street, Manchester, Greater Manchester, M1
£120,000
Our Summary
- 7%This property is offered through Modern Method of Auction
Description
Quantum is a seven-storey canal-side development with 114 apartments, located just a few minutes' walk from Piccadilly train station and New Islington Metrolink stop. This one-bedroom luxury apartment on the 1st floor features a hallway, living area with a fitted kitchen, a great-size double bedroom, and a bathroom. The leasehold expires in 2054, with an annual ground rent of £500 and service charge of £1,372. With a potential rental income of £1,000 per month, the gross yield is 8% and the net yield is 6.7%. This property is being sold through the Modern Method of Auction, which requires the sharing of viewing, offer, and bid data with the auctioneer, iamsold Limited.