Initial price	£180,000
05/12/24	£179,950
Price Change	-0.03%

This 1-bedroom apartment in the Loom Building, Manchester, offers an excellent location next to New Islington tram stop, Ancoats, and within walking distance of The Northern Quarter and Piccadilly Train Station. The 474 sq ft property features an entrance hall, open-plan living and dining room, fitted kitchen, balcony, double bedroom, and bathroom with shower over bath. With a current rental income of £1,050 per month until October 2025, achieving a 7% rental yield, this property presents a great investment opportunity. The property has an EPC rating of B and a leasehold remaining of 250 years from 2017. Annual service charges and ground rent apply, and the property is subject to the Property Misdescriptions Act 1991, with no warranties given for the appliances or heating system.