£95,000
1 bed flat for saleLincoln Gate, 39 Red Bank, Manchester M4
1 bed
1 bath
1 reception
EPC Rating: D
- Leasehold
Cherry Picked Properties, Heald Green
.png)
About this property
Close to public transport
Shops and amenities nearby
Minutes from Victoria Station
Great Location
*cash buyers only*
Cherry Picked Properties are please to bring to the market a great investment opportunity for the discerning investor. *9% net yield*
Please note that there are an unknown amount of Fire Safety works to be completed on the building hence the low asking price. This is therefore for a professional investor that can take a view on the risks associated with this.
This is a great sized one bedroom apartment, situated in the Green Quarter and only five minutes walk to the City Centre.
This property is furnished and the decor is modern and neutral and given the great size would suit a couple or single tenant looking for a good sized central apartment close to local transport and within strolling distance to the centre of Manchester.
Secure Parking available available at n additional, £12,500
Council tax band B
EPC rating D
Lease length 200 years
Service Charge £2,200 per annum
Ground Rent £100 per annum, although exact figures to be confirmed via solicitors as the above have been provided as a guide from the vendor
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
More information
Tenure
Leasehold (200 years)
Service charge
£2,200 per year
Council tax band
Ground rent
£100
Ground rent date of next review