A residential investment opportunity comprising a studio apartment
located on the third floor of a securely gated and purpose built
development within close proximity to Old Trafford and Manchester City
Centre. The property is currently let at £650pcm (equivalent to £7,800p/a)
to a long-standing tenant of more than 20 years and benefits from an
allocated parking space. Internally the flat benefits from a largely open
plan layout with a living / bedroom area, partitioned kitchen and separate
bathroom although is in poor condition and would benefit from thorough
refurbishment and market value rental can be achieved in and around the figure of £1100 per month.
Tenure : Leasehold
- Length of Lease : 999 Years
Council Tax Band : B