The Lettings Club

4th Floor,
9 - 11 Sunbridge Road,
Bradford
West Yorkshire
BD1 2AZ

Stanley Street, Salord

Offers in the region of £215,000

1 Bedroom Flat - Purpose Built

Available with vacant possession
6.9% Gross yield
Hands off investment
City centre location
High end facilities
One bedroom
High specification
Sold furnished
Currently tenanted
Secure today for the asking price

SUITABLE FOR BOTH OWNER OCCUPIERS AND INVESTORS!

Tenanted Property sales are delighted to offer to market this tenanted one bedroom apartment in the recently completed luxury development, Novella. Providing super-convenient access into Manchesters financial district of Spinningfields, the development benefits from a host of hotel style facilities on-site and free for residents to use. The high spec continues into the apartment itself, benefitting from quartz worktops, AEG appliances and a full package of attractive furniture. Parking is available to residents separately at an additional monthly cost.

A look inside the property:

The apartment briefly comprises; Entrance hallway with ample storage, open plan kitchen // living space with floor to ceiling windows, master bedroom, good sized family bathroom and a further storage cupboard.

Included facilities:

- 24 hour concierge service
- Well equipped Gym with air conditioning and river views
- Sixth floor roof terrace
- Yoga studio
- Private dining space
- Co-working spaces
- Residents lounge
- Bike store

Financial Breakdown:

Occupancy: Available either vacant or tenanted
Currently tenanted
Tenure: Leasehold (Approx. 248 years remaining)
Gross rent: £15,600
Gross yield: 6.9%

Service charge: Approx. £2143
Ground rent: Peppercorn
Lettings management: £1497.60

Approx. NET: £11,709.40 PA
NET yield: 5.2%

Location

Location:

Situated in the heart of Salfords most popular residential area, Novella is in the perfect location with many shops, bars and some of Manchester best restaurants right on your doorstep. Residents also benefit from excellent transport links via Manchester Victoria and Salford central train stations, a short walk from the development.

Points of interest:

- Spinningfields: 5 minutes walk
- The Ivy, Menagerie, 20 stories and Firefly restaurants: All within 6 minutes walk
- St Peters Square tram stop: 15 minute walk
- University of Manchester: 25 minutes walk
- Manchester Victoria station: 18 minutes walk
- Salford Central station: 15 minutes walk

Energy Efficiency and Environmental Impact

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

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