2 bedroom apartment for sale

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2 bedroom apartment for sale

Barton Place, 3 Hornbeam Way, Manchester, M4
£225,440

Price History

Initial price £230,000
15/02/25 £225,440
Price Change -1.98%

Description

This 7th floor 2-bedroom apartment in the Barton Place development boasts 786 square feet of living space, with two allocated parking spaces. The property is a cash buyer only opportunity, but the developer will cover the costs of cladding/fire safety remediation works. Currently tenanted until June 2025, the apartment offers a 7.43% rental yield at £1295 PCM, with projected yields increasing to 7.98% at £1400 PCM. With a 150-year lease since 2005, the property also comes with a service charge of approximately £3368.04 PA and a ground rent of £250 per annum. Located in the heart of Manchester's Green Quarter, the apartment is close to Victoria Station, the Printworks, and the Arndale shopping centre, with a local Co-op store nearby.