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City Gate, 5 Blantyre Street, Manchester, Greater Manchester, M15

PROPERTY TYPE

Block of Apartments

BEDROOMS

9

SIZE

2,950 sq ft

274 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Comprises portfolio of 5 apartments (4 x 2-Bed and 1 x 1-Bed) within a purpose build residential complex
  • All apartments held on a 150-year leases from 22nd Dec 2000, thus having 127 years unexpired

Description

Investment Consideration:
Gross Initial Yield: 5.43%
Rental Income: £55,920 p.a.
VAT is NOT applicable to this property
Comprises portfolio of 5 apartments (4 x 2-Bed and 1 x 1-Bed) within a purpose build residential complex
All apartments held on a 150-year leases from 22nd Dec 2000, thus having 127 years unexpired
Situated within 9 min walk from Deansgate Train Station with occupiers nearby including Restaurants, Pubs, Pharmacy, Convenience Store and many more.

Apartment 238:
Comprises 2-bedroom first floor apartment, providing the following accommodation and dimensions:
GIA: 68 sq m (732 sq ft)
Kitchen/Living Room, 2 Bedrooms, Bathroom, Balcony
EPC Rating - C

Apartment 239:
Comprises 1-bedroom first floor apartment, providing the following accommodation and dimensions:
GIA: 46 sq m (495 sq ft)
Kitchen/Living Room, Bedroom, Bathroom, EPC Rating - C

Apartment 291:
Comprises 2-bedroom fourth floor apartment, providing the following accommodation and dimensions:
GIA: 56 sq m (603 sq ft)
Kitchen/Living Room, 2 Bedrooms, Bathroom, Balcony
EPC Rating - D

Apartment 307:
Comprises 2-bedroom fourth floor apartment, providing the following accommodation and dimensions:
GIA: 47 sq m (506 sq ft)
Kitchen/Living Room, 2 Bedrooms, Bathroom, EPC Rating - C

Apartment 309:
Comprises 2-bedroom fourth floor apartment, providing the following accommodation and dimensions:
GIA: 57 sq m (613 sq ft)
Kitchen/Living Room, 2 Bedrooms, Bathroom, EPC Rating - D

Location:
Hulme is an inner-city area and electoral ward of Manchester, England, immediately south of Manchester city centre beyond the River Medlock. The property is situated within 9 min walk from Deansgate Train Station with occupiers nearby including Restaurants, Pubs, Pharmacy, Convenience Store and many more.

Brochures

Property Particulars

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

127 years left

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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City Gate, 5 Blantyre Street, Manchester, Greater Manchester, M15

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Deansgate Station0.3 miles
  • Cornbrook Tram Stop0.4 miles
  • Manchester Deansgate-Castlefield Tram Stop0.5 miles
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About the agent

Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a

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