City Gate, 1 Blantyre Street, Castlefield

Goodwin Fish is delighted to offer cash buyers an opportunity to acquire a buy to let investment in one of Manchester`s most sought after areas, Castlefield. Situated within the inner ring road and within walking distance to Castlefield`s bars and restaurants, City Gate is perfectly positioned for residents who want the best from Manchester city centre.

This first floor apartment benefits from views onto the internal courtyard and offers an estimated 914 sq. ft. of living space.

Property briefly comprises: entrance/hallway with storage cupboard; open plan lounge/diner with access to balcony; kitchen with integrated appliances; two double bedrooms; en suite facilities; main bathroom.

The property is tenanted on a rolling contract achieving £10,200 rental income per annum and is sold with the use of an allocated car parking space.

Annual service charge: £1,522.36
Annual ground rent: £125.00
Length of lease: 125 years from 2000
Rental income: £850.00 pcm
Management company: Rendall & Rittner

Notice
All photographs are provided for guidance only.

Redress scheme provided by: The Property Ombudsman (07302)
Client Money Protection provided by: Client Money Protect (CMP) (CMP003154)

Council Tax
Manchester City Council, Band D

Fees
The following are permitted payments which we may request from you:

a) The rent
b) A refundable tenancy deposit (reserved for any damages or defaults on the part of the tenant) capped at no more than five weeks` rent where the annual rent is less than £50,000, or six weeks` rent where the total annual rent is £50,000 or above
c) A refundable holding deposit (to reserve a property) capped at no more than one week`s rent. Please note that the landlord may be entitled to keep this holding deposit once paid, under limited circumstancs.For example, should you decide not to proceed with the tenancy or if it is found that there is misleading information given by you on the tenancy application.
d) Payments to change the tenancy when requested by the tenant, capped at £50, or reasonable costs incurred if higher
e) Payments associated with early termination of the tenancy, when requested by the tenant
f) Payments in respect of utilities, communication services, TV licence and council tax; and
g) A default fee for late payment of rent and replacement of a lost key/security device, where required under a tenancy agreement

Please call us if you wish to discuss this further.

Redress scheme provided by: The Property Ombudsman (07302)
Client Money Protection provided by: Client Money Protect (CMP) (CMP003154)