1 bedroom apartment for sale

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1 bedroom apartment for sale

Lincoln Gate, 39 Red Bank, Manchester, M4
£130,000

Our Summary

  • *CASH BUYERS ONLY*Cherry Picked Properties are please to bring to the market a great investment opportunity for the discerning investor

Description

Cherry Picked Properties is offering a unique investment opportunity for cash buyers only, featuring a one-bedroom apartment in Manchester's Green Quarter, just a five-minute walk from the city center. The property boasts modern and neutral decor, making it suitable for a couple or single tenant looking for a spacious central apartment close to local transport. Despite the low asking price, there are unknown fire safety works required, making this a riskier investment for professional buyers only. The property comes with secure parking available for an additional £12,500 and offers a 9% net yield. With a 200-year lease, council tax band B, EPC rating D, and service charge of £2,200 per annum, this is an attractive opportunity for those willing to take on the risks associated with this property.