1 bedroom apartment for sale

  • £143,500
  • 9.1% Rental Yield
  • 90 ALI
PARK RISE, TRAFFORD PLAZA
For Sale

1 bedroom apartment for sale

PARK RISE, TRAFFORD PLAZA
  • £143,500
  • 9.1% Rental Yield
  • 90 ALI

Overview

Updated on January 8, 2024
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
    • Sq Ft
  • Year Built

Description

If you are interested in this property, please register your details by emailing the agent. Our agent will then make contact, so be sure to check your inbox or junk folder for our response.

This excellent, 3rd floor one bedroom apartment is located in the Park Rise development at Trafford Plaza, Manchester.
The property comprises an entrance hall, a double bedroom, a bathroom with shower over bath, an open plan living and dining room through to fitted kitchen. Further benefits include allocated parking and intercom.
Located only a 5 minute drive from Manchester city centre, close to Trafford Bar Metrolink and convenient for White City Retail Park and Old Trafford Football & Cricket Grounds.

Park Rise does NOT yet have its EWS1 certificate. However, there could be some high street financial institutions that could lend on this property. It would be worth going to the marketplace to hunt for the best mortgage deal.

Tenant in situ. Fixed term contract until September 2024. Monthly rental: £750. Rental Yield: 6.27%.

EPC: C. Certificate valid until 08 November 2027.
Annual service charge: £3,312.23.
Service charge review period: TBC.
Annual ground rent: £300.
Ground rent review period: TBC.
Annual Parking ground rent: £100
Parking ground rent review period: TBC.
Leasehold remaining: 245 Years
Local Authority: Trafford Council
Council Tax Band: A.



PROPERTY MISDESCRIPTIONS ACT 1991. For clarification, The Good Estate Agency hereby informs prospective purchasers, that we have not carried out a detailed survey, nor have we tested any of the appliances or heating system and cannot give any warranties as to their full working order. Purchasers are advised to obtain independent specialist reports if they have any doubts. All measurements are approximate and should not be relied upon for carpets or furnishings.

While these particulars are believed to be accurate, they are not guaranteed and do not form a contract. Neither The Good Estate Agency nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 

Arical Liveability Index

90
Schools
Good
Restaurants
Outstanding
Transport
Outstanding
Services
Outstanding
Groceries
Outstanding
Safety
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Predicted Rental Yield

9.1%

Rental yield is the return a property investor is likely to achieve on a property

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