£250,000
Hill Quays, Jordan Street, Southern Gateway, M15
- 3 beds
£250,000
- 3 beds
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Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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The development benefits from a well-equipped resident`s gym, sauna, steam room and ice room, located on the ground floor. Ideal facilities to help residents relax at the end of your working day. For extra security, Amazon lockers have been installed in addition to a secure parcel delivery room.
Located on the fifth floor the property briefly comprises: entrance/hallway with storage cupboard; open plan lounge/diner; with floor to ceiling windows; kitchen with integrated appliances; primary bedroom with en suite facilities; two additional double bedrooms; primary bathroom.
The property is currently tenanted until 31st July 2025 achieving ?1,800 pcm and offers a 7.7% gross return. On request, a 6 month break clause can be exercised should vacant possession be required.
We can confirm the development has an EWS1 form with A1 rating which may be required by lenders issuing a mortgage.
Tenure: Leasehold
Annual service charge:?2,074.40
Annual ground rent: ?400.00
Length of lease: 150 years from 2002
Current rental income: ?1.800 pcm on a fully furnished basis
Management company: Premier Residential Management
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Manchester City Council, Band D
Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None
Other Items
Heating: Electric Heaters
Garden/Outside Space: No
Parking: No
Garage: No
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