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£240,000

2 bed flat for sale
Excelsior Works, Castlefield M15

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: B

Leasehold
Reduced on 03/11/2025

About this property

  • 2 Bed & 2 Bath

  • Investors Only

  • Rental Yield - 7.5%

  • Active tenant in place

  • Balcony

  • Roof Terrace

  • Castlefield location

  • Concierge Facilities

  • Communal leisure space available

  • Passed EWS1 Certificate

Description

**investors only - 7.5% rental yield** This spacious fully furnished 2-bed, 2-bath apartment located on the 2nd floor benefits from an open plan living, kitchen and dining area as well as a fully fitted bathroom and two spacious double bedrooms and one with en-suite.

The building has a concierge, and a communal working space that comes with its very own high-speed Wi-Fi which is great when working from home. There is a communal terrace on the roof of the building which features wonderful relaxing areas and also a fire pit. There are several bike storage facilities which all residents are free to use, and two entrances to Excelsior Works, with one leading directly onto the canal path of the Bridgewater Canal.

The property is situated in the Castlefield area where there are many local amenities. Just a short walk away from Regent Retail Park which has stores such as Sainsburys, Boots, Costa and also jd Gyms. If you do not wish to walk the short distance to the centre of Manchester, where many restaurants and bars are located, you can catch the tram from Cornbrook tram stop which is closely situated a 5-minute walk from the apartment.

**agents note** Pictures taken before the current tenant moved into the property.

Council Tax Band: E
Tenure: Leasehold (995 years)
Ground Rent: £250 per year
Service Charge: £1,805.75 per year

More information

  • Tenure

    Leasehold (995 years)

  • Service charge

    £1,806 per year

  • Council tax band

    E

  • Ground rent

    £250

  • Ground rent date of next review

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