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About this property

***CASH BUYERS ONLY***

TENANT IN SITU UNTIL April 2026 PAYING £1,200PCM

EWS1 available no future additional cost to buyer.

The Light House is the tallest residential block in the Northern Quarter area of Manchester and was completed in 2008. The Northern Quarter is the heartbeat of the city, renowned for its eateries, bars and bohemian lifestyle, making it a popular place to live. This apartment consists of an impressive living area that includes a contemporary multi appliance fitted kitchen, hallway , a fitted bathroom. Master bedroom and second double bedroom It is located less than a minutes’ walk from the Arndale shopping centre and Market Street tram stop, and is under 0.5 miles from both main train stations, Manchester Piccadilly and Victoria.

Leasehold Expires 08/09/2131

Ground Rent £200 per year

Service charge £801.41 per quarter

Buildings insurance £1,568.26 per year

Management Company Capital Climb

Potential rental £1200pcm

Gross yield- 9%

Net yield- 5.8%

Key information

Council Tax Band: D

Tenure: Leasehold

Leasehold Information:

  • Number of years left on lease: 105 years
  • Annual service charge: £3,205
  • Annual ground rent: £200
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch
  • Utility supply:

    • Electric: Ask agent
    • Water: Ask agent
    • Heating: Ask agent
    • Broadband: Ask agent
    • Sewerage: Ask agent

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent

Energy Performance Certificate

EPC
  • Property responsive
    The Lighthouse, 3 Joiner Street, Manchester, Greater Manchester 2 flat
    £
    £
    £
    Years
    %
    * Estimated monthly repayment: £...

    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Manchester

    The Hacienda 21 Albion Street
    Manchester
    Lancashire
    M1 5DA
Phone Icon Icon set Phone 01614010578

Extras

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Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.

Countrywide Mortgage Services and Countrywide Insurance Services are trading names of Countrywide Principal Services Ltd which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Countrywide House, 6 Caldecotte Lake Business Park, Caldecotte Lake Drive, Milton Keynes, MK7 8JT. Registered in England no. 01707341.