Apartment for Sale: The Quadrangle, 1 Lower Ormond Street, Manchester, M1 5QF

Apartment for Sale

£180,000

2 Bedroom(s)

2 Bathroom(s)

699 sq. ft.

Parking: None

Property Ref: HW_001182035

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Description

Key Features

No Chain
£1600 PCM Potential Rent
Minutes To City Centre
Close To Universities
Integrated Kitchen
Two Bathrooms
Two Bedrooms
First Floor

Property Description

The Quadrangle, constructed in 2005 offers convenience and easy accessibility to Manchester City Centre and the Universities which it has become synonymous with. It has become a popular development for investors and owner occupiers alike for it's location and standard of finish.

Located on the ground floor this superb property comprises of : Private entrance hallway with storage cupboard, open plan living area and kitchen with fully integrated appliances, main double bedroom with ensuite shower room, further second double bedroom plus bathroom with shower.

An ideal investment with a potential rental income of £1600 PCM giving a 9.4% gross yield!

Leaseholder Information

Council Tax - Manchester City Council - D

Lease - 125 Years from 01/01/04

Ground Rent - £200

Service Charge - £1,991.48

Electricity - Connected to mains metered electricity with the supplier being Octopus Energy

Water - Connected to mains water supply and drainage with the supplier being United Utilities

Broadband - Hyperoptic, FTTC connection available

Mobile - Good coverage from all network providers available

Heating - Mains electric powered wall mounted heaters

Construction - EWS1 B1 rating