£119,950

1 bed flat for sale

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Leasehold

£119,950

(£253/sq. ft)

1 bed flat for sale

Chapel Street, Manchester M3

1 bed
1 bath
1 reception
474 sq. ft
EPC rating: B

Key Information

Tenure:
Leasehold (999 years)
Service charge:
£515 per quarter
Council tax band:
B
Ground rent:
£250
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Salford Central 0.1 miles
  • The Cathedral School of St Peter and St John RC Primary 0.3 miles
  • St Philip's CofE Primary School 0.4 miles
  • Manchester Victoria 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Manchester to find out more about the local area.

Features and description

  • Leasehold
  • One bedroom
  • One bathroom
  • Second floor
  • Close to Salford Central station
  • Close to Deansgate
  • Ideal investment or first time buy
  • No onward chain
  • 474 sqft
A second floor, one double bedroom, one bathroom apartment, superbly located on Chapel Street within the Fresh buildng. The location boasts easy access to Deansgagte, Market Street, and both Salford Central and Victoria train stations.

Though refurbishment is required, the property would be an ideal investment purchase, with rental potential of circa £900-£950pcm, generating a fantastic 9% gross yield, a rarity in the city centre.

There is ongoing fire safety and cladding remedial works to the building due to to complete September 2024.

Leasehold information:
Service charge: £514.85 per quarter
Ground rent: £250 per annum
Remaining lease length: 982 years
Management company: Premier Estates

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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Listed by

Stevenson Whyte

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  1. Zoopla
  2. For sale
  3. Greater Manchester
  4. Salford
  5. Chapel Street

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