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£160,000
Offers in excess of

2 bed flat for sale Bridgewater Wharf, Manchester

2 beds 2 baths Flat
Leasehold

Added yesterday

About this property

Heavily Discounted for a quick Sale - Cash Buyers only: While waiting for the EWS1 certificate, the developer issued a pledge letter to the leaseholders regarding critical fire safety issues at zero cost. The remedial process is already underway. A superb 2 Bedroom 1st Floor Apartment in Droylsden town center is an ideal investment opportunity for investor with the rental income £1200 PCM(gross rental yield of 9% ( figures provided by the vendor) Comprising Entrance hallway, living room, fitted kitchen, 2 good-sized bedrooms with en suite shower room to main bedroom, main bathroom/shower, communal gardens, central heating, and allocated parking space.

Key features

  • Tennanted Property - rental income of £1200 PCM
  • Gross Rental Yield 9%
  • Superb 2 Bed Apartment
  • En Suite to Master Bedroom
  • Allocated Parking Space
  • Close to All Amenities
  • Cash Buyers Only
  • Property Built: 2018
  • Close to city centre and Manchester city stadium
  • 2-4 minute walk to transport and shopping cenrtre

Floorplan

Location

Bridgewater Wharf, Manchester, M43 7FW

Council tax
Band D (Approx £2,447/year)

Mortgage and stamp duty

Property price £160,000
£80k £240k
Deposit10% £16,000
£0 £160k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £144,000 mortgage. Most lenders would want a household income of about £32,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in M43 7FW. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
50, Bridgewater House, Bridgewater Wharf Flat / maisonetteMar 2025775 sq ft £210/sq ft£163,000
12, Bridgewater House, Bridgewater Wharf Flat / maisonetteOct 2024872 sq ft £236/sq ft£206,000
22, Bridgewater House, Bridgewater Wharf Flat / maisonetteAug 2024560 sq ft £268/sq ft£150,000
26, Bridgewater House, Bridgewater Wharf Flat / maisonetteDec 2023775 sq ft £234/sq ft£181,000
42, Bridgewater House, Bridgewater Wharf Flat / maisonetteJun 2023549 sq ft £233/sq ft£128,000
4, Bridgewater House, Bridgewater Wharf Flat / maisonetteMay 2023549 sq ft £246/sq ft£135,000
56, Bridgewater House, Bridgewater Wharf Flat / maisonetteJan 2023915 sq ft £224/sq ft£205,000
47, Bridgewater House, Bridgewater Wharf Flat / maisonetteNov 2022721 sq ft £236/sq ft£170,000

All sales on Bridgewater Wharf → All sold prices in Manchester →

Area insights

The neighbourhood around this property.

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