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2 bedroom apartment for sale
One Regent, 1 Regent Road, Manchester, M3
£241,000
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.