3 bedroom flat for sale

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3 bedroom flat for sale

Tempus Tower, 9 Mirabel Street, Manchester, Greater Manchester M3
£210,000

Price History

Initial price £230,000
13/02/25 £210,000
Price Change -8.70%

Description

This investment property is a luxurious apartment located in the Tempus Tower, a postmodern development within walking distance to Manchester Arena and Victoria Train station. The 2nd-floor apartment boasts over 1,000 square feet of space, featuring an angled living area with floor-to-ceiling windows, a modern kitchen, and three bedrooms, including an en-suite shower room. The property is tenanted until August 2025, generating £19,200 per year in rent, with a potential rental income of £1,500 per month and a gross yield of 7.8%. The lease expires in 2130, and the service charge is £1,350 per quarter. The property also has a ground rent of £250 per year, which is subject to doubling in 2031. The EWS1 rating is B2.