X1 Plaza, Manchester, M4 7LT

£259,995

KEY FEATURES
  • Immediate Income
  • Large Private Terrace
  • Brand New Development
  • 3 Double Bedrooms
  • Balcony
  • On Site Gym
  • Upper Ground Floor
  • Highly Desirable Location
  • Walking Distance to Piccadilly Station
  • Close to Restaurants, Shops & Bars

Financial Performance
Gross rent £16,800
Ground rent £350
Service charge £2,174
Lettings fees £2,016
Net income £12,260
Gross yield 6.4%
Net Yield 4.7%
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 Mr Investa is delighted to offer this 3 bedroom apartment in the newly developed X1 The Plaza development. This property is an ideal addition to any investment portfolio or owner occupier

Situated in a highly desirable area of Ancoats, the properties location is ideal, offering easy access to Manchester City Centre and Ancoats Urban Village, just a short walk from all the bars shops and restaurants the area has to offer. Also, just a stone's throw from Piccadilly train station, the property offers easy access to all transport links including the metrolink, bus links and the motorway network.

The property briefly comprises; concierge, lift access, 3 double bedrooms, open plan living / kitchen / dining area, bathroom, en-suite, large private terrace, balcony and on site gym

Financial Performance -

Tenanted at £1,400pcm June 2021 - June 2022
Ground Rent £350 PA.
The estimated service charges: £2.4 per Sqft PA.

Tenure:

Leasehold - 235 years


NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa does not accept any responsibility in respect of this information provided.