2 bedroom apartment for sale

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2 bedroom apartment for sale

One Regent, 1 Regent Road, Manchester, M3
£241,000

Price History

Initial price £260,000
05/11/24 £245,000
07/11/24 £241,000
Price Change -7.31%

Description

This impressive 15th-floor, 2-bedroom apartment in the One Regent development boasts mid-floor views and a balcony, along with allocated parking and access to a communal garden. With a spacious 700 sq ft interior, the property offers a high rental yield of 7.22% at £1450 PCM, projected to increase to 7.47% at £1500 PCM. The property is available for investors and cash buyers only, with a tenancy until September 2025. The lease details include a 250-year lease from 2017, with a service charge of £1975.06 PA, building insurance of £633.33 PA, and ground rent of £300 PA. Located in the historic Castlefield district of Manchester, the property is close to the River Irwell, the city centre, and major transport hubs, making it an excellent investment opportunity.