2 bedroom flat for sale

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2 bedroom flat for sale

Lancaster House, 71 Whitworth Street, Manchester, Greater Manchester, M1
£210,000

Price History

Initial price £235,000
21/01/24 £220,000
22/08/24 £210,000
Price Change -10.64%

Description

This 7th floor apartment in Lancaster House, Manchester, is a former warehouse built in 1905-1910, now converted into a spacious living space. The property has a gross yield of 6.6% and a net yield of 5.5%, making it an attractive investment opportunity. The apartment features a bright living area, modern fitted kitchen, two bedrooms, and a family bathroom. The lease is 125 years from 1991, with a service charge of £3500 per year, which includes ground rent. The property is located in Salford, on Bury Street in The Quebec Buildings, M3 7DX.