The Mews, 2 Advent Way, New Islington
Property Description
Goodwin Fish is delighted to offer for sale a spacious and modern apartment in one of Manchester`s more popular developments, The Mews.
Situated in New Islington, voted one of the best places to live by The Sunday Times, the area is within walking distance of amenities such as Cutting Room Square, Pollen Bakery and Michelin-starred Mana. New Islington Free School, New Islington Medical Practice, a PureGym and two supermarkets are in walking distance, with excellent transport links including Piccadilly Train Station and New Islington Metrolink Stop.
Located on the second floor, the property briefly comprises: entrance/hallway with ample storage cupboard space; open plan lounge/diner with access to balcony; stylish kitchen with integrated appliances; primary bedroom with access to en suite; additional double bedroom; primary bathroom.
The property is being sold with the use of a secure underground car parking space, is tenanted until 5th June 2025 achieving £1300 pcm on a fully furnished basis and offers a 6.5% gross return.
The development has an EWS1 form with B1 rating which may be required by lenders issuing a mortgage.
Tenure: Leasehold
Annual service charge: £2,794.20
Annual ground rent: £410.00
Length of lease: 250 years from 2003
Est. rental income: £1,400.00 pcm
Management company: Complete Property Management Solutions