Investors/'buy to let' Landlords Only
Leaders Manchester are delighted to offer this stylish studio in the Skyline development situated in the Northern Quarter. This studio is situated on the fourth floor and has recently been refurbished. It will appeal to investors or 'buy to let' landlords looking to start or expand their portfolio with a tenanted property The unique layout comprises of an entrance hall, separate bathroom and an full length fitted kitchen with built in appliances. The living area is enhanced by three floor to ceiling windows, the open plan arrangement means that the lounge also serves as bedroom by way of a Sofa/Bed. Ideal for any investor/landlord looking for a property which has a good rental profile and history. On the current tenancy, the yield is an attractive 6% gross.
Carpeted, three floor to ceiling windows with venetian blinds with an aspect to Ludgate Hill. Wall mounted electric heater, also video entry phone system and thermostat. Electrical sockets, also TV/SAT/telephone point.
Fitted Kitchen 1.91 x 3.39 (6'3" x 11'1")
Full length kitchen, good selection of base units topped by dark coloured worktops, two wall mounted cupboards. Sink with drainer and mixer tap, space and plumbing for washing machine. Electric hob with Zanussi oven also overhead extractor hood. Integral 'tall' fridge/freezer. Ceiling downlighters.
Generous proportioned bathroom, lino flooring, tiled walls. Bathroom suite consists of full length bath with integral 'power shower' and screen, hand basin and WC. Inset shelf with large wall mounted mirror. Chrome effect radiator, towel rail. Ceiling downlighters.
Accessed from communal lobby, carpeted with wall mounted electric heater.
Storage Cupboard 1.91 x 0.96 (6'3" x 3'1")
Accessed from open plan kitchen, contains water tank, wall mounted consumer board, offers good storage options.
Ground rent £200 - Service charge £760 - Leasehold years 250.
Yield Details (MAN)
This would make an ideal Investment property, the property is currently being rented for £575 pcm, until February 2018. This would give a gross yield of approximately 6.2%
Sales Disclaimer (MAN)
These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.