City Link, Hessel Street, Salford, Manchester1002 City Link, Hessel Street, Salford, Manchester, M50 1DH
£99,000 Fixed Price
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- Tenanted Investment Property
- Ideal for BTL Investor
- Fixed Term Tenancy until March 2020
- Return circa 7.0%
- Rent Guarantee Scheme
- Open Plan Living
- Two Double Bedrooms
- Furnished Accommodation
- Next to Weaste Metrolink Station
- Close to Salford Quays & Media City
Property Summary*** TENANTED INVESTMENT PROPERTY FOR SALE *** A two double bedroom ground floor, furnished apartment situated within the popular City Link development in Salford, opposite Weaste Metrolink Tram Station. The property is also within walking distance to SALFORD QUAYS, MEDIA CITY and offers great transport links, being close to the M602 and M60 as well City’s Metrolink tram system. The property is currently tenanted, subject to a fixed term assured short-hold tenancy agreement until March 2020 with a monthly rent of £595.00pcm, providing a gross return of circa 7%.
Website Reference: 14581
*** TENANTED INVESTMENT PROPERTY FOR SALE *** A two double bedroom ground floor, furnished apartment situated within the popular City Link development in Salford, opposite Weaste Metrolink Tram Station. The property is also within walking distance to SALFORD QUAYS, MEDIA CITY and offers great transport links, being close to the M602 and M60 as well City’s Metrolink tram system. The property is currently tenanted, subject to a fixed term assured short-hold tenancy agreement until March 2020 with a monthly rent of £595.00pcm, providing a gross return of circa 7%.
Website Reference: 14581
O’Connor Bowden have been managing the property since new and provide a rental guarantee protection on the current tenancy. This property represents an ideal Buy-to-let investment with an existing tenancy and management arrangement which can continue until March 2020 and possibly beyond.
The accommodation briefly comprises;
Communal entrance area; private entrance hallway; open plan living area and kitchen with patio doors opening onto a small terrace and communal gardens; fitted kitchen with appliances, bathroom / WC; two double bedrooms; on-site car parking.
Storage cupboard – also housing the hot water cylinder; electric panel heater, access control intercom handset.
Open Plan Lounge & Kitchen:
UPVC patio doors leading to a small private terrace and communal grounds, carpet flooring, Electric panel heater, TV and power sockets.
Fitted with a range of ‘Beech Effect’ wall and base cupboards and a four-drawer unit; Grey/black worktop surface with inset single drainer stainless steel sink unit with mixer taps, integrated cooker hob, oven, grill and chrome extractor hood; Fridge/freezer and washing machine/dryer; power points. (furniture).
UPVC Double Glazed window with vertical blinds; carpet flooring; electric panel heater; TV & power points. (furniture).
UPVC Double Glazed window with vertical blinds; carpet flooring; electric panel heater; power points. (furniture).
3-piece bathroom suite comprising; panel bath with shower over, low level WC and wash hand basin. Heated electric towel rail.
Communal grounds and car parking.
CURRENT TENANCY SUMMARY:
Property managed by O’Connor Bowden;
Current ASTA Fixed Term until March 2020;
Current rent £595.00 pcm;
ENERGY PERFORMANCE CERTIFICATE: The EPC band is currently D
COUNCIL TAX BAND: B
SUBJECT TO CONTRACT SALE TERMS:
This property is offered for sale by means of private treaty and on subject to contract terms.
This property is offered as a tenanted sale and is offered without vacant possession on completion.
We understand the property is subject to a long Leasehold title for circa 125 years commencing approximately 2006.
We understand the ground rent is fixed at £125.00 pa.
The Tenure details are subject to legal confirmation.
SERVICE CHARGE: Approximately £350.00 per quarter (to be confirmed)
O’Connor Bowden has not checked any mains or private utility services at this property, neither have we received confirmation or sought confirmation from the statuary bodies of the presence of these services and their function. O’Connor Bowden cannot confirm services are in working order. O’Connor Bowden has not checked any of the appliances, electrical, heating or plumbing systems at this property. All prospective purchasers should satisfy themselves on this point prior to entering into a contract and we recommend and advise any prospective purchaser to obtain advice and verification from their solicitor and / or surveyor on all
Viewing is strictly by appointment. Please telephone for an appointment.
Due to this property being tenanted, we cannot guarantee an internal inspection. However, we will make every possible attempt to arrange a viewing for prospective purchasers.
- Download Sales Particulars 1002 City Link
Contact O'Connor Bowden | Lettings, Management & Sales - Manchester and Cheshire
City Link, Hessel Street, Salford, Manchester
THE PROPERTY MISDESCRIPTIONS ACT 1991: The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the tenure of a property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned in the sales particulars. They may, however, be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract. All measurements are approximate
MISREPRESENTATION ACT 1967: The property details have been produced in good faith, are set out as a general guide and do not constitute the whole or part of any contract. All liability, in negligence or otherwise, arising from the use of the details is hereby excluded