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1 bed flat for sale

£120,000

88-92 Chapel Street, Manchester M3

1 1

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Property features

  • Minimum of £8,399 Annual Rental Income assured for 1 Year
  • Located in Manchester City Centre
  • High End Apartments
  • Top-Quality Furniture and Premium Appliances
  • Experienced Management Company
  • Prices from £119,995

Property description

Fully Managed Manchester Buy to Let Property

For Investment Purposes Only, 50% Deposit Required

Caxton Hall was built in 1904 for the Typographical Society of Manchester and has served as a commercial building ever since. The developer has been granted planning permission to redevelop the building into 23 residential apartments whilst retaining its period features and visual charm. The apartments on offer at Caxton Hall have been designed for the young professional market in Manchester. Each apartment will feature a spacious combined kitchen and living area with premium finishes and furnishings to create a truly premium product.

Investors earn a minimum of £8,399 annual rental income, assured for 1 year with entry prices from £119,995. This is a hands-off investment opportunity, fully managed by an experienced management company. The developer also holds a strong track record with historical buildings. These apartments are sure to be in high demand from tenants; combining high quality interiors with the prime location.

To Receive a Free Financial Form Register Below or Call Us Today!

Please get in touch with us if you wish to discuss this property investment or other buy to let opportunities. RWinvest is one of the leading UK property investment companies. We have connected with over 25,000 previous investors and have secured high return investment deals with guaranteed returns for our customers across the UK and abroad.

Investment Overview

• 7% Net Rental Income assured for 1 Year
• Located in Manchester City Centre
• Luxurious Apartments
• Top-quality Furniture and Premium Appliances
• Experienced Management Company
• Prices from £119,995

About Manchester

Innovative, industrious and pioneering, Manchester is built on success and is at the forefront of business. It is home for many UK firms including Adidas and the bbc, and continues to attract global companies such as Etihad and Aegis.

The city is the uk’s leading regional financial and professional services centre employing more than 250,000 people and is a leader in technology with some of the best energy and biomedical facilities in the world.
Manchester is fast becoming known as a global hub, attracting SMEs to multi-national companies.

There is continuous investment in Manchester with hugely successful regeneration projects taking the world by storm.

For More Information Call Us Today or Register Below for an Info Pack
Floorplan(s): Floorplan 1

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Market activity
Average price paid £215,083 Sales 370 Current average value £209,682 (Zoopla Zed-Index) Value change £2,473 ▲ 1.19%

Property value data/graphs for M3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £270,645 - 2.6 £125,000
Semi-detached £158,087 £182 2.5 £159,671
Terraced £180,210 £249 2.5 £251,869
Flats £212,388 £315 1.8 £213,715

Current asking prices in M3

Average: £259,086
Avg. current asking prices in M3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £326,100
(2)
- £493,685
(1)
-
Flats £154,680
(55)
£265,765
(83)
£379,888
(20)
£3,500,000
(1)
-
All £154,680
(55)
£267,184
(85)
£379,888
(20)
£1,996,842
(2)
-

Current asking rents in M3

Average: £1,088 pcm
Avg. current asking prices in M3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £1,098 pcm
(3)
£1,320 pcm
(3)
- -
Flats £948 pcm
(65)
£1,209 pcm
(108)
£1,142 pcm
(16)
- £2,860 pcm
(1)
All £948 pcm
(65)
£1,206 pcm
(111)
£1,170 pcm
(19)
- £2,860 pcm
(1)

Fun facts for M3

Highest value in M3
Highest value streets Zed-Index
St. Marys Parsonage £338,755
Deansgate £323,062
St. Philips Square £307,005
King Street West £303,080
Leftbank £294,014
Highest turnover in M3
Highest turnover streets Turnover
Greengate West 61.9%
Encombe Place 47.6%
Lower Byrom Street 40.2%
Wadlow Close 38.5%
Porchfield Square 33.3%

What Zoopla users think of Salford

Overall rating:

  • currently 3.5 stars
Good - 72% (373 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Salford:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Salford Central (0.2 miles)
  • Manchester Victoria (0.4 miles)
  • Deansgate (0.7 miles)
  • Manchester International Airport (9.1 miles)
  • Liverpool John Lennon Airport (26.8 miles)
  • Leeds Bradford International Airport (35.8 miles)
  • Liverpool Pier Head Ferry Terminal (31.2 miles)
  • Liverpool Belfast Ferry Terminal Bootle (31.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (31.3 miles)

Nearby schools

View all schools in Salford
  • The Cathedral School of St Peter and St John RC Primary (0.4 miles)
  • The Friars Primary School (0.4 miles)
  • St Philip's CofE Primary School (0.6 miles)
  • Abbey College Manchester (0.3 miles)
  • Connell Sixth Form College (2.4 miles)
  • Oldham Sixth Form College (6.6 miles)
  • Chetham's School of Music (0.3 miles)
  • Eden Boys' Leadership Academy, Manchester (1.1 miles)
  • Eden Girls' Leadership Academy , Manchester (1.2 miles)
Note: Distances are straight line measurements

Local info for Salford

About the neighbours in M3

AskMe Q&A for Salford

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For more information about this property, please contact
RW Invest London, WC1X on +44 20 3641 4564 * (local rate)

Monthly running costs Beta

£535 Monthly total

Mortgage

Purchase price
Deposit (10%) 12,000
Repayment term 25
Interest rate 1.5
Your payment £431 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £650,000 Contents value up to £65,000 Average insurance cost £33/mo (£394/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £24 Estimated energy cost £43/mo

Similar properties could save up to £144

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £13 Sewerage £15 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact RW Invest London about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by RW Invest London, and do not constitute property particulars. Please contact RW Invest London for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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