£200,000
2 bed flat for saleThe Quadrangle, 1 Lower Ormond Street, Manchester M1
2 beds
2 baths
1 reception
EPC Rating: C
- Chain free
- Leasehold
Henry Wiltshire Manchester
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About this property
First Floor
Two Bedrooms
Two Bathrooms
Integrated Kitchen
Close To Universities
Minutes To City Centre
£1600 pcm Potential Rent
No Chain
The Quadrangle, constructed in 2005 offers convenience and easy accessibility to Manchester City Centre and the Universities which it has become synonymous with. It has become a popular development for investors and owner occupiers alike for it's location and standard of finish.
Located on the ground floor this superb property comprises of : Private entrance hallway with storage cupboard, open plan living area and kitchen with fully integrated appliances, main double bedroom with ensuite shower room, further second double bedroom plus bathroom with shower.
An ideal investment with a potential rental income of £1600 pcm giving a 8.7% gross yield!
Leaseholder Information
Council Tax - Manchester City Council - D
Lease - 125 Years from 01/01/04
Ground Rent - £200
Service Charge - £1,991.48
Electricity - Connected to mains metered electricity with the supplier being Octopus Energy
Water - Connected to mains water supply and drainage with the supplier being United Utilities
Broadband - Hyperoptic, fttc connection available
Mobile - Good coverage from all network providers available
Heating - Mains electric powered wall mounted heaters
Construction - EWS1 B1 rating
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More information
Tenure
Leasehold (103 years)
Service charge
£1,991 per year
Council tax band
D
Ground rent
£200
Ground rent date of next review
