The Quadrangle, Lower Ormond Street, Southern Gateway, M1

Goodwin Fish is offering a well positioned buy to let investment achieving 7.2% in one of Manchester`s most popular developments, The Quadrangle. Opposite Manchester Metropolitan University, the development is ideally located for the University of Manchester and within throwing distance to Oxford Road train station, residents will benefit from a number of local amenities that make up the thriving neighbourhood environment of the Southern Gateway.

Located on the fourth floor and benefiting from a bright south facing aspect, the property briefly comprises: entrance/hallway with laundry/storage cupboard; open plan lounge/diner with access to balcony; kitchen with integrated appliances and breakfast bar; two double bedrooms; bathroom.

The property is currently tenanted until 7th August 2025 achieving a rental income of ?1,500 pcm on a fully furnished basis with vacant possession available from 8th August 2025.

We can confirm the development benefits from an EWS1 form with B1 rating which maybe required by lenders issuing a mortgage.

Tenure: Leasehold
Annual service charge: ?2,369.00
Annual buildings insurance: ?341.00
Annual ground rent: ?200.00
Length of lease: 125 years from 2004
Management company: Zenith Management (Nw) Ltd

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


Council Tax
Manchester City Council, Band D

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None

Other Items
Heating: Electric Heaters
Garden/Outside Space: Yes
Parking: No
Garage: No