£254,000
1 bed flat for saleManchester New Square, 44 Whitworth Street, Manchester M1
1 bed
1 bath
1 reception
EPC Rating: B
- Leasehold
NEXIS Property
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About this property
1st Floor 1-Bed Apartment in the Manchester New Square development. 581 Sq Ft.
EWS1 B1 rated. Mortgage Buyers Welcome.
Available to both Investors and Owner-Occupants.
Currently 7.04% Rental Yield @ £1490 pcm.
Projected 7.32% Rental Yield @ £1550 pcm.
Tenanted until Sept 2025.
Lease Info: 250 Years Lease from 2021
Service Charge: £1749.82 /pa (Approx)
Building Insurance: £540.64 (Flat) + £110.11 (Car park) /pa
Ground Rent: £250 /pa
Council Tax Band - D
EPC Rating - B
Manchester New Square is an exciting residential development located in the beating heart of the city centre. The very best that Manchester has to offer is right on your doorstep, from fine and eclectic art and dining, to cultural institutions and world class universities.
Manchester New Square will provide a new destination for M1 residents and visitors alike, with the ground level providing a mixture of artisan restaurants and retailers that will utilise the newly created landscaped square, as well as the stunning Canalside location. Residents will also benefit from a private residents-only Gym and Wellness Centre, as well as 24-hour concierge, all included in the service charge.
In Manchester New Square, renowned architects Simpson Haugh have both complemented and enhanced the important existing historic context of The Whitworth Street Conservation Area, by carefully and sensitively reconnecting the site to its surroundings, including Rochdale Canal, through providing a contemporary reinterpretation of key characteristics of the façade treatments to mirror the existing period buildings.
Transport Links are simply unrivalled, with Oxford Road, Piccadilly and Deansgate stations all under 0.5 miles from the development. Allocated, secure, underground parking is also available, as well as bicycle storage.
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More information
Tenure
Leasehold (245 years)
Service charge
£1,750 per year
Council tax band
D
Ground rent
£250
Ground rent date of next review