Tenure
Knowing the tenure of the property is important because it affects your rights to use the property and the costs of ownership.
Freehold means you’ll own the property and the land it's built on. You'll usually be responsible for the maintenance of the property and have more freedom to alter it.
For flats and maisonettes, the freehold is sometimes shared with other properties in the same building. This is known as a share of freehold.
Leasehold means you'll have the right to live in the home for a set amount of years (specified in the lease). The landlord (the freeholder) owns the land, and if the lease runs out, ownership of the property will go back to them. Lease lengths that are less than 80 years tend to be more complicated and can cause issues with mortgage lenders.
You can extend a lease but this can be expensive. If you'd like to make changes to the property, you'll likely need the landlord’s permission. You're also likely to have to pay an annual amount for ground rent and services charges which can be subject to change. It is good practice to check additional leasehold costs that will apply to the property and factor this into your budget considerations.
Shared ownership is a form of leasehold in which you buy a percentage of the property and pay rent on the share you do not own. You may be able to buy the remaining share at an extra cost. When you wish to sell the property, you may need permission to do so.
Commonhold is a type of freehold ownership for a property that's within a development. A commonhold or residents’ association owns and manages the common parts of the property (like stairs and hallways). You'll need to join the commonhold association and contribute towards maintaining the development. It is good practice to check additional costs that will apply to the property and factor this into your budget considerations.
- Flats
- Allocated parking
Key features
- Master bedroom with ensuite
- Open plan kitchen and living room
- Central Manchester Location
- High spec kitchen and bathrooms
- Large feature windows
- Hall storage
- Lift access
Property description
*Incentives Available* This first floor 1018 square foot first floor is tucked away in the thriving business hub of Manchester. It's positioned just off Kings Street, granting exceptional accessibility to the city's premier attractions and dining destinations, such as the renowned Sam's Chop House located right next door. An iconic original 19th century building with a brand new high spec interior, do not miss out on modern day city centre living.
Viewings available upon request. Please call our office to book an appointment.
Apartment 4 is a spacious and elegant apartment. offering 1018 sq ft of living space, with a stylish open-plan design that includes a Beckermann kitchen, dining and living area. The living room features original arched windows that provide beautiful views over Chapel Walks. The master bedroom includes a luxurious ensuite bathroom with high-end finishes, including Tissino sanitaryware and top-quality wall and floor tiles. There is also a second double bedroom and a spacious bathroom with a freestanding bathtub. The apartment also offers convenient extra storage in the hallway and can be easily accessed via the lift.
Leading North West homebuilder house crowd have built Fourteen luxurious apartments on the upper floors of three adjacent historic buildings on Chapel Walks, close to the junction with Cross Street.
The development is a short walk from Manchester's finest shops, cafes, bars, restaurants, galleries, theatres, and unparalleled transport network.
Available are a choice of 3 one-bedroom apartments, 10 two-bedroom apartments, and one three-bedroom apartment. Each apartment has its own unique layout and charm and has been designed to maximize space, light, and take advantage of the buildings' unique period character and architecture. The stylish living spaces are adorned with original features including exposed roof beams, vaulted ceilings, roof lanterns, and restored period windows.
While maintaining the buildings' historic charm, the apartments offer modern conveniences,
the updated amenities ensure a comfortable and convenient lifestyle. They include social open-plan kitchen/dining and living areas and spacious double bedrooms that are either ensuite or near to the main bathroom. Some of the one-bedroom apartments also have a dedicated home office. The apartments have a luxurious specification for easy everyday living, including contemporary fitted kitchens by Beckermann with a range of integrated Bosch and Zanussi appliances. The bathrooms and ensuites are by Italian-inspired designers Tissino and are finished with matte black brassware and modern ceramic wall and floor tiles.
This house is ideal for those who want to experience modern living in a character-filled building.
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