1 bedroom flat for sale

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1 bedroom flat for sale

Bengal Street, Manchester, Greater Manchester M4
£145,000

Our Summary

  • Completed in 2013, NQ4 was designed by architect mbla for developer nq Developments Ltd and situated on the corner of Jersey Street and Bengal Street only moments away from the old Sankey’s nightclub

Description

This modern one-bedroom apartment is located on the fifth floor of NQ4, a purpose-built block designed by mbla and completed in 2013. The apartment features a hallway, open-plan living area, and a three-piece fitted bathroom, all finished to a high specification. With a secure glazed atrium providing access to the stairwell and lifts, the apartment is ideal for a single occupant or a small flat share. The property is available for investment, with a rental income of £825 per month until August 2024, and offers a gross yield of 7.7% and a net yield of 6.9%. The lease expires in 2262, and the annual service charge is £1,230, with a ground rent of £412 payable to Homeground.
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