Bridgewater Point, Worrall Street, Manchester, M5
- PROPERTY TYPE
Flat
- BEDROOMS
3
- BATHROOMS
2
- SIZE
829 sq ft
77 sq m
Key features
- 6% NET Yield
- Immaculate Three Double Bedroom Apartment
- Two Bathrooms
- Parking Space Included
- 4th Floor
- High Specification
- Spacious Accommodation
- Great City Centre Location
- Communal Garden
- EWS1 Approved
Description
Photos of the actual apartment
Video Walkthrough available upon request
A stunning buy-to-let investment property with THREE DOUBLE BEDROOMS, TWO BATHROOMS & PARKING INCLUDED! Located on the 4th floor of this impressive development. Ideally positioned within walking distance to Manchester City Centre and a short distance to Salford Quays. Cornbrook Metrolink stop is also easily accessible.
EWS1 approved!
Bridgewater Point is a stunning development with a communal garden, located minutes away from Manchester City Centre & Salford Quays. The apartments are spacious and have been finished to a high specification.
In brief this 4th floor apartment includes; entrance hallway with storage cupboard, spacious open plan living room and fitted kitchen, three well proportioned double bedrooms (main bedroom with ensuite shower room) and a bathroom. Communal garden for residents.
Allocated Parking Space Included!
Currently tenanted until 1st September 2024!
Financial Performance
Rental Income: £1,700pcm / £20,400 per annum
Service Charge: £2,742 per annum
Ground Rent: £345 per annum
Lettings Fee 8% + VAT: £1,958.40 per annum
NET INCOME: £15,354.60 per annum
NET YIELD: 6%
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 LTD does not accept any responsibility in respect of this information provided.
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.
£345 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.
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.
£2742
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.
240 years left
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.
Band: C
Bridgewater Point, Worrall Street, Manchester, M5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cornbrook Tram Stop0.2 miles
- Pomona Tram Stop0.7 miles
- Salford Quays Tram Stop0.7 miles
About the agent
Mr Investa Ltd, Salford
Mr Investa, Blue Tower, MediaCityUK, M50 2ST
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Visit our security centre to find out moreDisclaimer - Property reference MSN-79083669. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mr Investa Ltd, Salford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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