This well-presented one bedroom flat is located in the highly sought-after Castlefield area, offering an excellent opportunity for first-time buyers, professionals, or investors seeking a prime position within Manchester city centre.
The property is offered with no forward chain, allowing for a smooth and swift purchase process. Upon entering, you are welcomed by a spacious entrance hallway leading to a bright and airy open-plan living and dining area, which benefits from large windows that flood the space with natural light.
The living area provides access to a private balcony, ideal for relaxing and enjoying the vibrant city atmosphere. The modern kitchen is fitted with a range of integrated appliances and contemporary units, providing ample storage and worktop space. The generously sized double bedroom features neutral décor and large windows. The bathroom is finished with a white suite , complemented by modern tiling and chrome fittings.
Additional features include secure entry system, electric heating, and double glazing throughout, ensuring both comfort and security. The property is ideally situated within walking distance of Deansgate, placing you at the heart of Manchester’s renowned shopping, dining, and entertainment scene, as well as providing excellent transport links for easy access across the city and beyond. With its combination of contemporary living, prime location, and convenient onward sale, this flat presents an exceptional opportunity to acquire a quality home in one of Manchester’s most vibrant districts. Early viewing is highly recommended to fully appreciate the accommodation on offer.
Disclaimer: While every effort has been made to ensure the accuracy and completeness of the information, Trading Places and the seller make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the information contained in this advertisement for any purpose. Any reliance you place on such information is strictly at your own risk. All information should be verified by your legal representative.
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
Firstly, let’s begin with a few details about you
