£240,000
(£306/sq. ft)
2 bed flat for saleLoom Building, New Islington, Ancoats M4
2 beds
2 baths
1 reception
784 sq. ft
EPC Rating: C
About this property
Two bedroom apartment
Bathroom & en suite
Fifth floor
Allocated parking
Spacious living & dining room
Balcony
Fully integrated kitchen
Currently let for £1,350PCM, achieving A rental yield of 6.75%
Located close to the northern quarter, ancoats & piccadilly station
New islington location
Upon entering, you are greeted by a spacious open-plan living area that seamlessly integrates the kitchen and lounge, creating a perfect environment for both relaxation and entertaining. The apartment is further enhanced by a delightful balcony, offering a charming outdoor space to enjoy the fresh air and views of the surrounding area.
For those with a vehicle, an allocated parking space is included, providing added convenience in this bustling neighbourhood. The property is currently let at £1,350 per calendar month, presenting an attractive rental yield of 6.75%. This makes it an excellent investment opportunity for discerning buyers.
The location is particularly advantageous, with the New Islington tram stop just a short stroll away, ensuring easy access to the wider city. Additionally, the trendy Northern Quarter and Piccadilly Train Station are within walking distance, placing a wealth of amenities, shops, and dining options at your fingertips.
In summary, this apartment in the Loom Building offers a harmonious blend of modern living, convenience, and investment potential in one of Manchester's most sought-after areas. Do not miss the chance to make this exceptional property your own.
Mortgage calculator
£1,200 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (241 years)
Service charge
£2,826 per year
Council tax band
C
Ground rent
£250
Ground rent date of next review



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