Initial price	£250,000
21/02/25	£245,000
Price Change	-2.00%

This 4th floor, 2-bedroom, 2-bathroom apartment at the Loom Building in New Islington, Manchester, offers a lucrative investment opportunity or a desirable owner-occupier home. With 771 square feet of living space, the property boasts a projected 7.10% rental yield at £1450 per calendar month, and a current rental yield of 6.86% at £1400 PCM. The leasehold property has 250 years remaining and a low annual service charge of £2,676. The ground rent is £250 per annum, with a 10-year RPI review date. The apartment is located in a fantastic area, with easy access to Manchester's city center and excellent transportation links, including the New Islington tram stop and Piccadilly station. The property also benefits from a CC EPC rating and Council Tax Band C.