£110,000
1 bed flat for saleWestpoint, 501 Chester Road, Old Trafford, Manchester M16
1 bed
1 bath
1 reception
EPC Rating: C
- Leasehold
NEXIS Property
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About this property
***rare corner apartment on 14/F***
*** 10% high rental yield***
great news for investors, high rental yield. View to the Manchester United. Located in the sought-after West Point development on Chester Road in Old Trafford, this one-bedroom apartment 322 Sq Ft.
EWS1 B1 rated.
Currently 10.64% Rental Yield @ £975 pcm
Projected 10.91% Rental Yield @ £1000 pcm
Leasehold: 250 years from 2019
Service Charge: Approximately £3500 Per Annum
(All utilities bills are included in service charge)
Ground rent: 250 Per Annum
Council Tax - Band B (Trafford Council.)
EPC rating - C
Property Tenanted Until Feb 2026.
Above details advised by the seller. Prospective buyers are advised to verify lease details with their solicitor
Well-connected to Manchester City Centre and Chorlton, thanks to excellent transport links.
The apartment is nestled within a secure gated community, ensuring peace of mind for residents. The accommodation comprises an open-plan kitchen/diner equipped with integrated appliances, a modern bathroom, and a spacious double bedroom with a built-in wardrobe.
Residents can enjoy a host of benefits including
1) Concierge service
2) Laundry rooms
3) Bike storage
4) On-site gym
5) Co-working spaces
6) Resident’s lounge
For those who love the outdoors, Seymour Park and Hullard Park are conveniently located nearby.
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More information
Tenure
Leasehold (244 years)
Service charge
£3,500 per year
Council tax band
B
Ground rent
£250
Ground rent date of next review