2 bed flat for sale

Hood Street, Manchester, Greater Manchester M4

Cutting Room Square, two bedroom townhouse with allocated parking!

Description
*Overlooking Cutting Room Square, rare townhouse offering with parking*

Savills are delighted to present this excellent, two bedroom townhouse with parking on Cutting Room Square.

Boasting a rare opportunity to acquire a beautifully presented home in one of Manchester's most sought after locations, the property offers the privacy and independence of a house while being just moments from the amenities of Ancoats and Manchester city centre.

Cutting Room Square sits at the heart of Ancoats and has become one of the city's most popular destinations, surrounded by an acclaimed selection of independent restaurants, cafés and bars. The attractive public square provides a vibrant setting and a focal point for the neighbourhood throughout the year.

The accommodation is arranged across two floors and briefly comprises a spacious open plan living, dining and kitchen area to the ground floor, creating an ideal space for both everyday living and entertaining. The kitchen is fitted with a range of integrated appliances, while a separate WC completes the ground floor.

To the first floor are two generous double bedrooms, both benefiting from Juliet balconies that allow for plenty of natural light. Also on this level is a well-appointed four piece bathroom suite, featuring both a bath and separate shower enclosure.

Externally, the property benefits from an allocated parking space, included within the purchase price.

For investors, this represents a particularly unique offering to the Ancoats rental market, combining the independence and space of a two storey townhouse with a private entrance and allocated parking, setting it apart from the more typical city centre apartment. Based on an anticipated rental income of £1,750 pcm, the property would provide an attractive gross yield of approximately 5.53%

Combining well-proportioned accommodation, outdoor views across Cutting Room Square and one of Manchester's most desirable city centre locations, this is a unique opportunity to acquire a townhouse in the heart of Ancoats.

EWS1 form available with an A1 rating, dated March 2020.

Leasehold information:
Service charge - £2,785pa
Ground rent - £375pa
Lease - 240 years remaining circa

Location
New Islington tram stop is located close by for travel in and around the city (0.7m), whilst Piccadilly station offers excellent rail connectivity across the UK (1.0m).

Grocery shopping for essentials is provided easily thanks to the nearby Ancoats General Store (0.3m) and the Aldi superstore (0.5m).

General shopping, restaurants and bars are in abundance thanks to the Ancoats location. Mana (Michelin Star restaurant - 325 ft), Rudy's Neapolitan Pizza (112 ft), Canto (299 ft), The Crown & Kettle (0.2m) are situated close by to name a few!

For sport and entertainment venues, Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 3.1m and 1.3m away respectively.

The Manchester Velodrome, part of the National Cycling Centre is also 1.9m distance, whilst Manchester tennis and racquet club also offers superb options for a variety of racket sports, including tennis, padel and squash to name a few, and is located only 1.2m distance.

For cultural activities, residents are only circa 0.3m from Manchester's famous Northern Quarter which often hosts an array of food, music, crafts and activities.

Please note all distances quoted are approximate.

Square Footage: 972 sq ft

Leasehold with approximately 241 years remaining.





Additional Info
Additional Ancoats estate charge of £115.82 per annum.
The ground rent increase is calculated based on the rpi figure published just before the commencement date of the Lease (30/05/2018) then the rpi just before the following rent review date 30/05/2033).