2 bedroom apartment for sale

£299,950

2

Bedrooms

2

Bathrooms

1

Reception

Floorplan

C & R City are pleased to bring to the market this beautifully presented two bedroom triplex apartment which is set over three floors in Former St. Georges Church, Manchester, M15. The apartment briefly comprises of a spacious entrance hall, large fully intergrated kitchen / dining area, to the lower level you will find two double bedrooms, master bedroom leading to an outside terrace area, a new refitted master en-suite & new refitted spacious family bathroom. To the upper level mezzanine you will find a spacious lounge area. The property has the added benefit of a private patio area & secure allocated parking. This property would make the perfect first time home or superb investment opportunity. The property is situated in the sought after Former St. Georges Church just a stones throw away from Manchester City Centre & close to all local amenities & major transport links. Viewings are highly recommended to appreciate what this property has to offer.


Development- 'St Georges Church' is a truly unique development located a short distance from Manchester City Centre. Grade II listed, the building was a previous Church dating back to the 1826 which was thoughtfully converted into bespoke and individual apartments positioned around a central open plan vestibule/entrance hallway. Situated within a short stroll to Deansgate with all of the shops, bars and restaurants that the area has to offer as well as being within striking distance to all of the major transport links that prove easy access to the City Centre and beyond.

Communal Areas- Accessed via a secure key pad entry system into a stunning entrance vestibule complete with original stonework throughout. Stairs and a lift rise to all floors.

Total Floor Area: 110 square meters.



Property additional info

Entrance Hall:
Enter into the apartment via a secure door into a spacious and welcoming entrance hallway, providing access to the kitchen/diner. Access to;

Dining Kitchen: 4.40m x 4.70m (14' 5" x 15' 5")
A modern re-fitted kitchen comprising a range of fitted eye level and base units, a single bowl stainless steel sink and drainer unit. Appliances include a four ring hob with oven under and extractor fan over, dishwasher, seperate fridge and freezer. Tastefully finished with integrated spot-lights to the ceiling and tiled floor throughout.

Lounge: 4.75m x 4.27m (15' 7" x 14' )
Incredibly bright & spacious lounge area set on upper mezzanine overlooking kitchen/ diner & brightened by large feature window.

Bedroom One: 5.00m x 2.30m (16' 5" x 7' 7")
A beautifully presented master bedroom with built in wardrobes, space for a double bed and other appropriate furniture. The master bedroom leads to a spacious garden terrace and newly fitted Master En-Suite.

Master En-Suite: 2.24m x 1.72m (7' 4" x 5' 8")
A newlt installed contemporary fitted En-Suite comprising of a walk in shower, low level WC and a hand wash basin. Tastefully finished with laminate floor, integrated spotlights to the ceiling.

Bedroom Two: 5.00m x 2.30m (16' 5" x 7' 7")
Spacious second bedroom, space for a double bed and other appropriate furniture, window overlooking terrace area.

Bathroom Suite: 2.59m x 2.43m (8' 6" x 8' )
A newly fitted bathroom suite comprising a panelled bath with shower over, low level WC and a hand wash basin. Tastefully finished with laminate flooring, integrated spotlights to the ceiling and a feature radiator. A built in cupboard houses the pressurised hot water system and boiler.

General Information:
Lease: 100 years remaining, the owner has however specified that they have recently paid for the lease to be increased to 200 years. Service charge 3472.50 per annum. Ground rent 150 per annum. One allocated parking space.

Agent Notes:
NOTICE: C & R Properties for themselves and for the vendors or lessors of this property whos agents they are give notice that: (i) the particulars are set out as a general outline for the guidance of intending purchasers or lessees, and do not constitute, nor part of an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or other wise as to the correctness of each of them; (iii) no person in the employment of C & R Properties has any authority to make or give any representation or warranty whatever in relation to this property

Nearest Stations:

0.4 miles
Deansgate
0.76 miles
Manchester Oxford Road
0.8 miles
Salford Central
1.2 miles
Salford Crescent
1.26 miles
Manchester Piccadilly

Map location is not available for this property.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 250158.75

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7498.75
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 25196.25
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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