The Umbrella Factory, Shudehill, Manchester, M4
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
7,276 sq ft
676 sq m
Key features
- 2nd Floor Two Double Bedroom Apartment
- Two Bathrooms
- 1 Of Only 9 Residential Apartments
- Attractive Period Building With Character
- Tastefully Designed With Modern Fixtures and Fittings
- Ideally Located In The Northern Quarter
- Convenient For Victoria Station & The Arndale Centre
- Perfect For Owner Occupiers Or Buy-To-Let Investors
Description
Mr Investa are pleased to present to the market this IMMACULATELY PRESENTED two bedroom, two bathroom, 2nd floor apartment in a HIGHLY SOUGHT AFTER LOCATION of the Northern Quarter. Ideal for those looking for convenient city living in an attractive historic building.
The Umbrella Factory is an attractive period conversion where modern fixtures and fittings are mixed with character features. Converted in 2018 to create 9 residential apartments over 5 floors within the Northern Quarter. Prime location on Shudehill, close to Victoria Station and The Arndale Centre, as well as having great access to the heart of the Northern Quarter and Manchester City Centre, therefore making it an ideal choice for both owner occupiers and buy-to-let investors.
In brief the property comprises; entrance hallway with utility storage cupboard, open plan living room and kitchen, main double bedroom with ensuite, second double bedroom with feature bay window and a main bathroom.
Tenanted Until 31st October 2024!
Current Financial Performance
Rental Income: £925pcm / £11,100pa (Market rental value £1,100pcm-£1,200pcm)
Service Charge: £2,821.28pa
Ground Rent: £250pa
NET Income: £8,028.72
Leasehold: 250 years from 2018.
NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.
Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£250 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
£2821.28
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
243 years left
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: C
The Umbrella Factory, Shudehill, Manchester, M4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Manchester Victoria Station0.3 miles
- Market Street Tram Stop0.3 miles
- Mosley Street Tram Stop0.4 miles
About the agent
Mr Investa Ltd, Salford
Mr Investa, Blue Tower, MediaCityUK, M50 2ST
We offer a unique and bespoke service for Landlord to Landlord Sales.
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Visit our security centre to find out moreDisclaimer - Property reference MSN-7371165. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mr Investa Ltd, Salford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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