- TWO DOUBLE BEDROOMS +
- OPEN PLAN LIVING & DINING ROOM +
- 1ST FLOOR +
- FITTED KITCHEN +
- BALCONY WITH CANAL VIEW +
- BATHROOM & EN SUITE +
- PARKING & LIFT ACCESS +
- TENANT IN SITU. £900PCM. YIELD 7.2%23 +
- METROLINK NEARBY +
- SPORTCITY LOCATION +
2 BEDROOMS * 2 BATHROOMS * ALLOCATED PARKING SPACE. Located in in The Drum development, in Sportcity, Manchester, adjacent to Manchester City`s Etihad Stadium, less than 3 miles to Manchester City Centre & now accessed by the tram stations of Etihad Campus and Velopark, with trip times to Manchester Piccadilly taking only 8 minutes.
This excellent 2 bedroom apartment, is approximately 665sqft in extent and situated on the 1st floor, comprises an entrance hallway, an open plan living and dining room through to fitted kitchen and balcony with canal views, a master bedroom with en suite shower room, a second double bedroom and a main bathroom.
Located next to Manchester City`s Etihad Stadium, less than 3 miles to Manchester City Centre & now accessed by the recently opened tram stations of Etihad Campus and Velopark with trip times to Manchester Piccadilly taking only 8 minutes
The ring road is also easily accessed from this location, and there is a major supermarket on site offering great convenience.
The Drum development does not yet have its EWS1 certification. The developer has agreed, under The Pledge, to pay for the remedial work to the external cladding of the building. There may be certain banks who would be willing to lend on this property. In this regard you will need to shop around. Ideally, this sale would best suit a cash buyer.
Currently rented for £950 per month on a FIXED TERM contract until 22 September 2025, achieving a rental yield of 7.6%. The earliest any owner occupier buyer would be able to take occupation, is after 22 September 2025, provided that the sale has Completed.
EPC: C. Certificate valid until 17 February 2029.
Annual service charge: £1,263.14. (There could be an increase still due for year 2023, not yet taken into account).
Service charge reviewal period: TBC.
Annual ground rent: £0.00.
Leasehold remaining: 250 Years from 2007.
Local Authority: Manchester City Council.
Council Tax Band: B.
PROPERTY MISDESCRIPTIONS ACT 1991. For clarification, The Good Estate Agency hereby informs prospective purchasers, that we have not carried out a detailed survey, nor have we tested any of the appliances or heating system and cannot give any warranties as to their full working order. Purchasers are advised to obtain independent specialist reports if they have any doubts. All measurements are approximate and should not be relied upon for carpets or furnishings.