Property Details

2 bedroom apartment for sale For Sale

The Box Works, 4 Worsley Street, Castlefield, M15

£320,000

ROI = 7% BMV = 9.84%

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Description

We are delighted to offer the opportunity to purchase a unique property in a former cardboard factory where the ground rent is `one cardboard box (if demanded)`. As the first scheme in Manchester to sell `shell space` and provide the opportunity for the owners to become the designers (with the help of an architect), this 1920`s Art Deco warehouse offers bespoke city centre living in the heart of Castlefield. Occupying a prominent position on the banks of the River Irwell, this award winning development offers innovation at its very heart and continues to attract interest in a diverse property market. The development benefits from a secure communal entrance, lift service to all floors and a well maintained canal side communal garden with picnic benches and table tennis table for the sporting enthusiast. Property briefly comprises: entrance/hallway; primary bedroom with access to Jack and Jill bathroom with roll top bath, separate shower cubicle and twin sinks; dressing room; second double bedroom/study with access to additional en suite bathroom; open plan lounge/diner with access to balcony; kitchen with integrated appliances. Chain free and offered with vacant possession, the property is sold with the use of a secure underground tandem car parking space and an additional storage unit measuring 2.5m by 2.5m. We can confirm the development has been issued a EWS1 form with B1 rating which may be requested by lenders issuing a mortgage. Tenure: Leasehold Annual service charge: £4,062.74 Annual ground rent: `a cardboard box, if demanded` Length of lease: 999 years from 2000 Est. rental income: £1,500 pcm on a fully furnished basis Management company: Realty what3words /// doing.speak.tricky Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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