Sold STC

Timber Wharf, Worsley Street

Property marketed by Goodwin Fish

255 Deansgate, Manchester, M3 4EN

Offers Over£185,000
Property Type Apartment
Reception Rooms 1
Bedrooms 1
Bathrooms 1

Key Features

  • First time buyer or buy to let opportunity
  • Tenanted until 03/07/2024 achieving £1080 pcm
  • 7% return
  • EWS1 form with A2 rating
  • Fourth floor
  • One double bedroom
  • South facing balcony
  • Secure allocated car parking
  • Landscaped communal garden & bike storage
  • No onward chain

About this property

EWS1 form with A2 rating - First time buyer or buy to let opportunity - Fourth floor - One double bedroom - South facing balcony - Secure parking - Landscaped communal garden - Bike storage - Fibre - No onward chain - Tenanted until 03/07/2024 achieving £1080 pcm - 7% return

Goodwin Fish is delighted to offer for sale a well proportioned one bedroom apartment with bright south facing aspect. Famous for lacquer finished unpainted concrete walls, Timber Wharf offers a point of difference and maintains a well respected reputation in a vastly eclectic property market.

Built by award winning developers Urban Splash and designed by Glenn Howells Architects, Timber Wharf was one of the very first residential developments to pave the way for an established residential oasis within Manchester city centre. Set within a tranquil waterside environment residents have the opportunity to meander down the canal foot path which leads to Salford Quays in one direction and the city centre in the other, passing a number of bars and restaurants on the way.

The development benefits from Fibre, a secure communal entrance, lift service to all floors, a well maintained canal side communal garden with picnic benches, a table tennis table and an opportunity to grow your own vegetables.

Property briefly comprises: entrance/hallway; open plan lounge/diner with sliding doors onto a south facing balcony; kitchen; double bedroom with further access onto balcony; bathroom.

Sold with no onward chain and the use of an allocated car parking space, the property is tenanted until 3rd July 2024 achieving £1,000 pcm on a fully furnished basis. The car parking space is rented separately for £80.00 pcm offering a combined rental return of 7%.

We can confirm the development has an EWS1 form with A2 rating which may be required by lenders issuing a mortgage.

Please note, the seller of this property is an employee of Goodwin Fish.

Tenure: Leasehold
Annual service charge: £1,327.52
Annual ground rent: `a grain of sawdust, if demanded`
Length of lease: 999 years from 2000
Animals permitted at discretion of the management company.
Management company: Realty Management Ltd

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Manchester City Council, Band B

Property added 25/04/2023