Goodwin Fish is delighted to offer for sale an attractive buy to let investment offering 6.2% return.Part of DeTraffords` Castlefield master plan, Sky Gardens is perfectly positioned for access to Castlefield, Deansgate Square and Spinningfields. Complete with concierge facilities, a residents roof top terrace with bar and a panoramic views over the city , it`s easy to see why this development has gained much popularity in a vastly eclectic property market.Located on the 9th floor the property briefly comprises: entrance; open plan lounge/diner; fully integrated kitchen; study/garden room; double bedroom with fitted wardrobes; luxury bathroom.Offered chain free the property is tenanted until 7th August 2024 achieving ?1,200 pcm on a fully furnished basis and offering an attractive 5.7% return.We are in receipt of an EWS1 form with B1 rating which may be required by lenders issuing a mortgage.Tenure: LeaseholdAnnual service charge (inclusive of buildings insurance): ?1531.68Annual ground rent: ?250.00Ground rent review date: 1 January 2024 and every tenth anniversary of that date.Length of lease: 145 years from 2016Current. rental income: ?1,200 pcm on a fully finished basisManagement company: Residential Management GroupPets at the discretion of the management companyNoticePlease note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.Council TaxManchester City Council, Band D
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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