£320,000

   

ROI = 8% BMV = 14.34%
Description

A LUXURY 2 BED 2 BATH CANAL SIDE APARTMENT IN "EXCELSIOR WORKS" FOR SALE The accommodation is bright and spacious and comprises a large bright open plan reception with fully fitted kitchen and doors opening up to a juliette balcony. Both bedrooms are doubles and there are 2 luxuriously appointed bathrooms. Excelsior Works is situated on Hulme Hall Road, just a stone's throw from Manchester City center. Excelsior Works facilitates a friendly and sociable environment in the heart of Manchester. The development has a substantial communal sun terrace, boasting magnificent views. CURRENTLY TENANTED ON AN AST UNTIL THE 20TH AUG 2025 & GENERATING AN ANNUAL INCOME OF £16,899.96 PRODUCING A YIELD OF 5.3% GROUND RENT £250 PA / SERVICE CHARGE £600 PER QUARTER/ LEASE IN EXCESS OF 990 YEARS *the ground rent, service charge & lease have been provided by the property owner and your solicitor will need to confirm these should you wish to purchase the apartment. Reception - Reception - Reception - Reception - Reception - Reception - Reception - Kitchen - Kitchen - Kitchen - Kitchen - Bedroom - Bedroom - Bedroom - Bedroom - En-Suite - Bathroom - Excelsior Works - Lobby -

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Property Details
  • Property ID: 151993205
  • Added On: 2024-09-28
  • Deal Type: For Sale
  • Property Price: £320,000
  • Bedrooms: 2
  • Bathrooms: 1.00
Amenities
  • EXCELSIOR WORKS
  • 2 BATHROOMS
  • 2 BEDROOMS
  • EXCELLENT LOCATION FOR COMMUTING
  • RESIDENTS ROOF TERRACE
  • HEART OF MANCHESTER
  • CURRENTLY TENANTED & GENERATING AN INCOME
  • GENERATING A YIELD OF 5.3%
  • BRIGHT AND SPACIOUS FLAT
  • TENANTED UNTIL THE 20TH AUGUST 2025