2 Bed Flat For Sale Bury Street, Salford, M3

£220,000- Flat

1 of 2
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Last Updated: 18th April 2024

Description

For investment currently tenanted until achieving £1225 PCM.
Lancaster House in Whitworth Street, Manchester, England, is a former packing and shipping warehouse built between 1905 and 1910 for Lloyd's Packing Warehouses Limited, which had, by merger, become the dominant commercial packing company in early 20th century Manchester. Consisting of a hallway to a bright spacious living area with a fitted kitchen, two bedrooms with family bathroom.
Management company Revolution

Lease 125 years from and including 1 April 1991
Service charge £2400 per year
Ground rent £150 per year
GROSS YIELD 6.6%
NET YIELD 5.5%

\rLocated in Salford, on Bury Street in The Quebec Buildings M3 7DX.
Agent Details
Bridgfords
The Hacienda, 21 Albion Street, Manchester, M1 5DA

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested