£130,000

1 bed flat for sale
Lincoln Gate, 39 Red Bank, Manchester M4

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

Leasehold
Added on 09/09/2024

About this property

  • Close to public transport

  • Shops and amenities nearby

  • Minutes from Victoria Station

  • Great Location

*cash buyers only – no satisfactory EWS1

Cherry Picked Properties are pleased to present this well-located one-bedroom apartment in the popular Green Quarter, just a short five-minute walk from Manchester City Centre.

The property is currently achieving £850 pcm, offering a strong rental return and making it an attractive option for investors looking for a ready-made addition to their portfolio.

Internally, the apartment is a great size and comes furnished, with a modern and neutral décor throughout. The layout works well for a, and the space on offer helps it stand out against similar properties in the area.

The location is a key selling point, with easy access to the city centre, local amenities, and transport links, ensuring consistent tenant demand.

Please note, there are fire safety works required within the building, which is reflected in the asking price. As such, the property is best suited to an investor who is comfortable taking a view on this.

Secure parking is available as an additional option at £12,500.

Additional Information:
Council Tax Band: B
EPC Rating: D
Service Charge: Approximately £2,200 per annum
Ground Rent: £100 per annum
Lease Length: Approximately 200 years remaining

Please note all figures are provided as a guide and should be confirmed via solicitors.

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Monthly repayment

£650 per month

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More information

  • Tenure

    Leasehold (200 years)

  • Service charge

    £2,200 per year

  • Council tax band

  • Ground rent

    £100

  • Ground rent date of next review

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Cherry Picked Properties, Heald Green

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