2 bedroom apartment for sale

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2 bedroom apartment for sale

Oldham Road, Manchester
£130,000

Our Summary

  • Cash buyers only

Description

This fourth-floor, two-bedroom, two-bathroom apartment is situated in the Express Networks development, just off Great Ancoats Street, and is conveniently located within the Urban village of Ancoats and adjacent to the Northern Quarter. The property offers a balcony and is available with no onward chain, making it suitable for a first-time buyer or investor with an attractive 8.7% yield. The apartment is leasehold, with a 150-year lease from 2007, and the quarterly charges include insurance, structural reserve, internal service, structural service, internal reserve, and ground rent, which is reviewed every 15 years. The property is only suitable for cash buyers, and the seller is awaiting the outcome of remedial works on the development, which may require additional funding from leaseholders at a later stage.