Lockton Close M1 benefits from a prime location in the heart of the City, a stones throw from Piccadilly Station, Manchester's renowned Universities, City Centre and world class Manchester Royal Infirmary.Manchester United's Old Trafford ground is a mere 15 minutes as is Manchester City's Ethiad Stadium and the O2 Apollo is within a 5 minute drive. Altogether making it an ideal first time buy or investment property with a potential rent of £1750 PCM and a gross yield of 8.57%!Fantastic transport links such as Metrolink, train & bus links are only a short stroll away.A superb buy, the property comprises of : Second floor private entrance , fitted kitchen, spacious living room with balcony which bathes the space in light, stairs to first floor landing, three generous sized bedrooms and a family sized bathroom with three piece suite in white with shower over the bath. Currently sold with no chain. The property is fully UPVC double glazed and further complimented by gas central heating. Externally parking is available by registration with the council for resident permit parking. Material InformationTenure: Leasehold Ground Rent : £10 per year Lease term : 125 years from 2/10/1984 with 84 years remaining Service charge : £2000 per year Council Tax Band: A Parking : Resident parking available with registration by Manchester City Council Broadband : FTTC Connection available, line active Water : Connect to mains water and drainage, supplied by United Utilities on a meter Electricity & Gas : Connected to main electric, supplied by SO Energy
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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