£130,000
1 bed flat for saleLincoln Gate, 39 Red Bank, Manchester M4
1 bed
1 bath
1 reception
EPC Rating: D
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.
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (200 years)
Service charge
£2,200 per year
Council tax band
Ground rent
£100
Ground rent date of next review
.png)