1f Spinners Way, Castlefield

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: Leasehold
Annual service charge (inclusive of buildings insurance): £1531.68
Annual ground rent: £250.00
Ground rent review date: 1 January 2024 and every tenth anniversary of that date.
Length of lease: 145 years from 2016
Current. rental income: £1,200 pcm on a fully finished basis
Management company: Residential Management Group
Pets at the discretion of the management company

Notice
Please 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 Tax
Manchester City Council, Band D

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None

Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No