Royal Mills, Cotton Street, Ancoats, Manchester

Julie Twist Properties presents this 2nd floor apartment located in the sought-after Royal Mills development in Ancoats. The apartment offers a fully fitted kitchen with integrated appliances, which is open plan to a bright, living and dining area. There are also two double bedrooms, one of which benefits from access to an en-suite bathroom and there is a further main bathroom accessed via the hallway. This wonderful apartment also comes complete with one secure allocated parking space. The development has a 24hr concierge and has an impressive glass atrium which has an on-site Ancoats Coffee Company. Ancoats has become one of the most desirable places to live in Manchester. Hosting a number of Manchester's best reviewed restaurants along with a recently Michelin starred restaurant too. It's a beautiful area, seamlessly blending historic mills, cobbled streets and canals with tasteful new build developments. Ancoats is within easy walking distance to Piccadilly and Victoria Train station, Shudehill and Piccadilly Gardens bus interchange and numerous Metrolink stops meaning public transport is an option everywhere. GENERAL: Rental Yield: 5.91% (Based on expected rental price of £1600pcm) Service Charge: £3,921.88 per annum (This includes the estate and building service charge) - Hot water and heating are billed within the service charge. Ground Rent: £300 per annum Ground Rent Review Period: The Ground rent will double every 10 Years (our client is in the process of a deed of variation to ensure the escalation clause is in line with RPI, rather than doubling) Lease:250 years from 4 January 2013 Square Footage: 817 sq.ft / 75.9 sq.m approx. Council Tax Band: C (£1940.46) Management Company: Zenith Property Management