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1 bedroom flat for sale
City Suites, 16 Chapel Street, Salford, Greater Manchester, M3
£205,000
City Suites, 16 Chapel Street, Salford, Greater Manchester, M3
£205,000
Price History
Initial price | £215,000 |
27/12/24 | £205,000 |
Price Change | -4.65% |
Description
This is a rare investment opportunity to own a room in the City Suites I apartment hotel in Manchester. The property is located in the heart of the city, offering a refined sanctuary with modern amenities. The room is part of a 18m swimming pool, jacuzzi, and 24/7 gym complex, which is exclusively available to guests and residents. The apartment is fully equipped with a kitchen and benefits from a leasehold that expires in 2066. The service charge is £4659.02, reviewed annually, and the ground rent is £587, reviewed every five years and rising in line with RPI. However, please note that the underlease does not allow personal use, and any potential owner cannot undercut the room rates fixed by City Suites.