Manchester New Square, 44 Whitworth... 1 bed apartment for sale

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Manchester New Square, 44 Whitworth... 1 bed apartment for sale

Manchester New Square, 44 Whitworth Street, Manchester, M1
£254,000

Price History

Initial price £260,000
04/04/25 £254,000
Price Change -2.31%

Description

This 1-bedroom apartment in Manchester New Square is a fantastic investment opportunity or owner-occupied property. With an EWS1 B1 rating, it's suitable for mortgage buyers. The property is currently rented until September 2025 and offers a 7.04% rental yield at £1490 PCM, with a projected 7.32% yield at £1550 PCM. The lease is for 250 years from 2021, with a service charge of £1586.76 per annum, building insurance of £650.75, and ground rent of £250 per annum. The apartment is part of a modern development with a private gym and wellness center, 24-hour concierge, and allocated underground parking. The location is unbeatable, with easy access to transport links, including Oxford Road, Piccadilly, and Deansgate stations, as well as the stunning Rochdale Canal and a mix of artisan restaurants and retailers at ground level.