2 bed flat for sale

W3, 51 Whitworth Street West, Manchester, Greater Manchester M1

Welcome to The W3 Building, a prime opportunity nestled on the corner of Whitworth Street West and Oxford Road, strategically positioned near Manchester's prestigious universities and conveniently opposite Oxford Road station. This highly sought-after location makes it an ideal choice for investors, offering rental income of £1200pcm (£1400pcm is acheiveable) and an impressive 7.5% (8.8% based on £1400pcm) yield.

Nestled on the fourth floor, this exquisite apartment boasts panoramic views of Manchester's captivating skyline. The expansive living room seamlessly connects to a balcony, offering a breath-taking vista. The open-plan integrated dining kitchen adds a touch of modern sophistication. The large master bedroom features a dressing area and en suite shower room, complemented by a second double bedroom and a generously appointed bathroom. Ample storage space and secure parking enhance the appeal of this apartment.

Adding to its allure, The W3 Building boasts a 24-hour concierge service, elevating the living experience for residents and ensuring a secure and well-maintained environment. With an outstanding EPC Rating of C, this property showcases its commitment to energy efficiency and sustainability, making it an even more attractive prospect for discerning investors. Don't miss the chance to be part of this thriving urban community. The property also benifits from a secure allocated parking space. Subject to Contract.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.