Studio for sale

Junction Works, Ducie Street, Manchester M1

Julie Twist Properties are delighted to bring to market this charming Grade II Listed studio apartment located in the canal-side conversion, Junction Works. Situated on Ducie Street, just a five-minute walk from Manchester Piccadilly train station, this boutique development offers excellent transport links in and out of the City Centre.

This lower-ground floor apartment is full of character and features a kitchen and dining area with access to a large storage cupboard, which is open-plan to the living area/bedroom. There is also an entrance hallway and a three-piece bathroom suite. Original period features have been preserved including exposed brick walls, striking wooden beams and cast-iron columns, adding charm and authenticity to this lovely apartment.

General:

Rental Yield: 7.71% (Based on expected rental price of £900pcm)

Service Charge: £1792 per annum (approx)

Ground Rent: £150 per annum

Ground Rent Escalation Clause: Fixed increases every 25 years as specified in the lease. Next increase to £250 per annum.

Lease: 150 Years from 1st January 2002

Square Footage: 427 sq.ft / 39.7 sq.m approximately

Council Tax Band: B (Manchester City Council)

Management Company: Zenith Property Management

Hallway

Brand new laminate flooring, brand new wall-mounted electric heater (Wi-Fi controlled) and spotlights.

Living Area/Bedroom

Two double-glazed windows, brand-new laminate flooring, brand new wall-mounted electric heater (Wi-Fi controlled), phone/TV point, wall lights, exposed brickwork and wooden beams.

Kitchen

Open-plan to the living area and bedroom, the kitchen comprises wall and base units, four-ring hob with extractor over, fridge with freezer drawer, space for washing machine/dryer, sink with mixer tap and drainer, brand new laminate flooring, wooden beams, cast-iron column, brand wall-mounted electric heater (Wi-Fi controlled), spotlights and access to a storage cupboard housing the immersion tank.

Bathroom

Accessed via the hallway, a three-piece bathroom comprising a bath with shower attachment over, WC, sink with mixer tap, tiled walls, tiled flooring, wooden beam, extractor and spotlights.