The Gate, Meadowside is a superb modern purpose built development by the renowned developer FEC and lies close to the City centre. With an ideal location next to Angel Meadows Park, one of Manchester's many parks it proves popular due to it's high spec finish, concierge services, on site gym and being minutes from the bars, restaurants, shops and nightlife spots that the City is known for. Located on the 10th floor with stunning views this property comprises of : Secure communal entrance with communal working space, concierge services and lifts to all floors. Upon entry to the porperty you're greeted by a bright and spacious open plan living area with a large window, fully integrated kitchen with built in appliances, storage cupboard, two bedrooms with the main being en-suite and a further bathroom. Currently let at £1500 PCM giving a 4.8% gross yield. INVESTMENT ONLY Tenure: Leasehold Service Charge: £2800 Ground Rent: £250 Lease: 250 years from 1st August 2018 Council Tax Band: D - Manchester City Council Management Company:FOUND Parking : NO PARKING Broadband : FTTP Connection available, line active Water : Connect to mains water and drainage, supplied by United Utilities on a meter Electricity : Connected to main electric, supplied by Octopus Energy Construction : Built to current regulations. EWS1 in place
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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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