Studio for sale

85 Greengate, Salford M3

Stylish Fully Furnished Studio Apartment with Private Balcony – Abito, Manchester

Asking Price: £118,050

An excellent opportunity to purchase a fully furnished studio apartment within the popular Abito development on Greengate, Manchester.

Situated on the second floor, this well-presented apartment offers contemporary city-centre living, complete with a private balcony and everything needed for a comfortable, convenient lifestyle.

The apartment is being offered fully furnished, making it an ideal purchase for first-time buyers working in the city, professionals looking for a convenient city-centre base or buy-to-let investors seeking an attractive investment opportunity.

Location is a particular highlight. Positioned in the popular Greengate neighbourhood, the area has benefited from significant regeneration, with an expanding range of restaurants, cafés, leisure facilities and everyday amenities.

Green Gate Park is nearby, providing an attractive outdoor space to enjoy, while a Sainsbury’s supermarket is conveniently located directly across the road.

Manchester city centre, Deansgate and the Northern Quarter are all within easy reach, with excellent transport links providing convenient access across Greater Manchester.

Apartment Highlights
• Second-floor studio apartment.
• Private balcony.
• Fully furnished, with furniture included in the sale.
• Contemporary open-plan living and sleeping space.
• Modern fitted kitchen.
• Private bathroom.
• Popular Abito development
• Convenient city-centre location.
• Green Gate Park nearby.
• Sainsbury’s supermarket directly opposite.
• Excellent access to restaurants, cafés, leisure facilities and everyday amenities.
• Approximately 131 years remaining on the lease.
• Ground rent £50 per annum.
• Service charge approximately £1,520 per annum.
• Vacant from 7th December 2026.
• No onward chain.

An Ideal Investment Opportunity

Previously achieving £895 per calendar month in rental income, the apartment also presents an attractive opportunity for buy-to-let investors.

There is potential to achieve rental income of approximately £950 per calendar month, subject to market conditions and tenant demand.

At the asking price of £118,050, this would represent a potential gross rental yield of approximately 9.66%, based on £950 monthly rental income.

Whether you’re looking for your first home, a convenient city-centre base or an investment property, this fully furnished studio offers an excellent opportunity in an increasingly popular Manchester location.

Early viewing is highly recommended.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

£50.00

Ground Rent Review Period

No review period

Annual Service Charge

£1,520.00

Service Charge Review Period

No review period

Lease End Date

26/03/2157

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required.