Studio for sale
Key information
Property description & features
- Tenure: Leasehold (999 years remaining)
- Guaranteed 6% NET rental for 5 years
- High Tech Gym
- Communal Room
- Cinema Room
- Parking Remaining
Please see below details:
- Studio apartment at £149,995 on floor 2
- Guaranteed 6% NET rental for 5 years:
- Year 1: £8,999 per annum = £749 per month
- Year 2: £8,999 per annum = £749 per month
- Year 3: £8,999 per annum = £749 per month
- Year 4: £8,999 per annum = £749 per month
- Year 5: £8,999 per annum = £749 per month
- Total rental return over 5 years = £44,940 NET of all management costs
- Plus capital growth expected 3-5% per annum
When it comes to convenience, this location has it all. A short walk will lead you to bars, restaurants, shopping facilities, and Salford Quays. The tram to Piccadilly Gardens takes just 22 minutes, and Harvey Nichols is only a 15-minute drive away. For groceries, there's a Sainsbury's Local within the building.
Do not miss out on this exceptional opportunity to live in the thriving heart of Manchester. Contact Sovereign International today and let us guide you through the process of securing this stunning property.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference Studio. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Sovereign International Real Estate - Sales.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 23, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on September 15, 2017 from 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.