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£120,000

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Flat 64, Lancaster House, 71 Whitworth Street, Manchester, M1 6LQ

Residential

flat

Occupied

1

bed

1

bath

1

reception

Tax band: B

Leasehold

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Deadline for offers

2 days left

Attractive Turnkey Residential Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this one-bedroom tenanted flat located within a prime location in Manchester.
  • Sales Evidence: Flat 41, 71 Lancaster House, Whitworth Street, Manchester M1 6LQ sold for £190,000 in , Flat 2, 71 Lancaster House, Whitworth Street, Manchester M1 6LQ sold for £153,500 in 2022, Flat 61, 71 Lancaster House, Whitworth Street, Manchester M1 6LQ sold for £200,000 in 2022
  • Offering immediate cash flow, this property is currently occupied with a rental income of £750 per month already being received (with the potential to increase to £1,000 - £1,100), making it a turnkey buy-to-let opportunity.
  • Sure to appeal to shrewd investors seeking a readily lettable, turnkey property with excellent potential and strong demand in a central setting.
  • Situated in a desirable location with excellent local amenities and superior transport links, this property offers strong rental and capital growth potential.

PRIME NEW LISTING. We are excited to present this one-bedroom tenanted flat located within a prime location in Manchester.

The property comprises a welcoming one-bedroom layout with a bright living room, a well-appointed kitchen and a bathroom, creating an appealing and practical residential investment.

Offering immediate cash flow, this property is currently occupied with a rental income of £750 per month already being received (with the potential to increase to £1,000 - £1,100). With tenant demand consistently high in central Manchester, the flat presents an attractive opportunity for investors looking to secure an income-producing asset.

Sure to appeal to shrewd investors seeking a readily lettable, turnkey property with excellent potential and strong demand in a central setting.

Situated in a desirable location with excellent local amenities and superior transport links, this property is perfect for investors looking for their next project with significant rental and capital growth possibilities.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

The property benefits from approximately ninety years remaining on the lease, with an average monthly service charge of £375 and no average monthly ground rent noted.

Excellent sales evidence in the area: Flat 41, 71 Lancaster House, Whitworth Street, Manchester M1 6LQ sold for £190,000 in , Flat 2, 71 Lancaster House, Whitworth Street, Manchester M1 6LQ sold for £153,500 in 2022, Flat 61, 71 Lancaster House, Whitworth Street, Manchester M1 6LQ sold for £200,000 in 2022

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our Offer Now button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

The buyer will contribute £650 + VAT towards the seller’s legal fees.

Location

Manchester is a vibrant and highly sought-after city, popular with professionals, tenants and owner-occupiers alike thanks to its superb mix of lifestyle, convenience and connectivity. The area offers an excellent range of shops, cafés, restaurants and everyday amenities, along with access to green space for leisure and relaxation. There are well-regarded educational options nearby, adding to its broad appeal. Transport links are a major advantage, with easy access across the city and beyond via rail, tram and road networks. This central setting continues to attract strong residential demand and long-term appeal.

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.

The buyer will contribute £650 + VAT towards the seller’s legal fees.