TO BE SOLD BY ONLINE AUCTION ON 10TH SEPTEMBER UNLESS SOLD PRIOR UNDER AUCTION TERMS.Apartment 715, 51 Whitworth Street West, M1 5ED This seventh-floor two-bedroom apartment presents an excellent opportunity for investors looking for prime city-centre living. Located in the award-winning W3 development, built by renowned developer Redrow, this property stands out with its contemporary design and prestigious features. It has been tenanted since 01/07/2021 on a 6-month rolling contract at £900 per month which has reportedly been increased to £1,050 per month. The W3 building offers a 24-hour concierge service, impressive communal areas, and well-maintained gardens, distinguishing it from other city centre blocks. The apartment benefits from a front-facing aspect overlooking the Palace Theatre and Kimpton Hotel, enhancing its appeal for city dwellers. Rental values in the area are in the region of £1,500 per month Not inspected by Edward Mellor but reported to comprise an entrance hall, open-plan living room/kitchen, two double bedrooms, one with ensuite dresser and ensuite shower room, and two Juliet balconies with city centre views. Electric heating system and double glazing. Here are a handful of similar properties taken from Land Registry which have sold close by:Apartment 711, 51, Whitworth Street West, M1 5ED Sold - 20/06/2024 £240,000 Flat 2 beds 0.00 miApartment 106, 51, Whitworth Street West, M1 5EA Sold - 17/11/2023 £250,000 Flat 2 beds 0.00 miApartment 316, 51, Whitworth Street West, M1 5EB Sold - 27/05/2022 £250,000 Flat 2 beds 0.00 miEWS1 from available: B1 rating (no remedial works required). Suitable for mortgage lending, subject to lender criteria.A superb opportunity to acquire a modern, centrally located apartment within one of Manchester's most desirable developments.
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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