Castlegate, Castlefield, Manchester

Property Details: - Type: Apartment - Bedrooms: 2 - Bathrooms: 2

Agent: Julie Twist Properties - Manchester Phone: 0161 506 6018

<p>Julie Twist Properties welcomes to the market this wonderful, canal-facing apartment located in Castlegate, a development positioned right in the heart of Castlefield. The apartment offers an extremely spacious, open-plan kitchen and living area with access to a private balcony overlooking Castlefield Basin. There are also two double bedrooms, both with fitted wardrobes, two bathrooms, a large entrance hallway with access to a storage cupboard and a secure allocated parking space. Castlegate also has the benefit of an onsite concierge.</p><p><br/></p><p>Castlegate occupies one of the best locations in Castlefield and is a short walk to Castlefield's picturesque green spaces as well as to Deansgate Station. With Deansgate being a short stroll and just over 5 minutes' walk to Oxford Road, there are multitude of restaurants, cafes and bars right on your doorstep.</p><p><br/></p><p>GENERAL:</p><p>Rental Yield: 5.49% based on an expected rental income of £1600pcm (furnished basis)</p><p>Service Charge: £5000 per annum (this includes Buildings Insurance)</p><p>Ground Rent: £300 per annum</p><p>Ground Rent Review Period: Doubles every 25 years until the 4th review period in which it is fixed for the remainder of the term.</p><p>Lease: 125 years from 1 October 2003</p><p>Square Footage: 905 sq.ft ( 84 sq.m) (excluding outdoor space)</p><p>Council Tax Band: E</p><p>Management Company: Rendall & Rittner</p><p>EWS1 in Place with a B1 Rating</p>