£385,000
2 bed flat for saleLomax Street, Manchester M1
2 beds
2 baths
1 reception
EPC Rating: B
Reduced on
About this property
Generating an average of £2000 per month through stl. Net
Full Width Private Balcony with Dual Entrances
Two Double Bedrooms and Two Bathrooms
24 Hour Concierge
Sold Fully Furnished
Prime Manchester City Centre Location
Currently operated as a short-term let, the property is achieving an average of £2000 per month net after all running costs.
A well-presented two bedroom, two bathroom on the second floor with a full width balcony covering both the spacious living area and the bedroom.
The apartment is being sold fully turn key meaning even a beginner investor will be able to operate completely hands off.
Residents of the building benefits from a 24-hour concierge service, adding convenience and security.
Inside the apartment, it offers a bright and modern open-plan kitchen and living area, providing an excellent space for both relaxing and entertaining. Floor-to-ceiling windows allow plenty of natural light and lead out onto a private balcony. The apartment comprises two well-proportioned double bedrooms, including a principal bedroom with en-suite bathroom, alongside a contemporary main bathroom.
Situated in a highly desirable central Manchester location, Lomax is within walking distance of the Northern Quarter, Piccadilly Station, universities, and a wide range of restaurants, bars, and amenities.
Tenure Details:
Ground Rent: Peppercorn
Service Charge £1,334.00 pa
Tenure: 998 years Remaining
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.
Local area information
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (998 years)
Service charge
£1,334 per year
Council tax band
Ground rent
Ground rent date of next review
.png)