1 bedroom apartment for sale

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1 bedroom apartment for sale

Oxygen Tower 1, 50 Store Street, Manchester, M1
£225,000

Price History

Initial price £240,000
31/07/24 £230,000
18/11/24 £225,000
Price Change -6.25%

Description

This 1-bedroom apartment on the 22nd floor of the Oxygen Tower offers a 6% rental yield and stunning panoramic views of the Pennines. With 436 square feet of living space, the property is currently tenanted until September 2025 and is expected to yield 8.27% at £1550 per month. The apartment is part of a modern development with a range of amenities and is just a 5-minute walk from Piccadilly Station, Ancoats, and the Northern Quarter. The property comes with service charges of £2500 per annum, ground rent of £353 per annum, and a 250-year lease from 2019. Council Tax Band B applies.