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1 bedroom apartment for sale
Chester Road, Old Trafford, Manchester, Greater Manchester, M16
£100,000
Chester Road, Old Trafford, Manchester, Greater Manchester, M16
£100,000
Our Summary
- **Cash buyers only**Peter Anthony are delighted to bring to market this studio apartment at the popular West Point development, being sold with tenants in situ
Description
This studio apartment at the West Point development is being sold with tenants in situ, generating a current income of £737 per month (£8,844 per annum) until August 2024, offering a gross yield of 8.4%. The property benefits from a range of on-site amenities, including a concierge, gym, co-workspaces, and residents' lounge, and is located just a five-minute walk from Trafford Bar Metrolink, offering easy travel to the city centre and MediaCity. The apartment itself is an open-plan living area/bedroom/kitchen and bathroom, with a 250-year lease from February 2019 and a ground rent of £250 per annum. The service charge is £1,458.52 per annum, which includes utilities, gas, electricity, water, and internet.