3 bedroom flat for sale

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3 bedroom flat for sale

The Plaza, 1 Advent Way, Ancoats, Manchester, M4
£215,000

Price History

Initial price £245,000
12/10/24 £230,000
12/06/25 £215,000
Price Change -12.24%

Description

X1 Sales and Lettings presents a fantastic investment opportunity in Manchester's sought-after X1 The Plaza development. This stylish, three-bedroom apartment on the 5th floor is fully furnished and decorated, with two double bedrooms, one with an en-suite shower room, and a spacious main bathroom. The open-plan kitchen/living area features integrated appliances, and the private balcony offers unobstructed views across Manchester. The property benefits from on-site gym and secure underground parking, as well as a secure fob/entry system for residents. The apartment is currently tenanted on a long-term agreement, generating £1,900 per calendar month in rental income. This is an ideal hands-off investment with a proven rental track record, making it a rare opportunity for cash buyers only due to lending restrictions within the building. With a lease of 232 years remaining, ground rent of £350 (RPI-linked), and a service charge of £2,977.86 annually, this property offers strong rental returns and long-term capital growth potential.