Flat for sale in Manchester M1, 1 Bedroom

This one bedroom apartment comprises of entrance hallway; generously sized master bedroom with double glazed window to the side; 3-piece family bathroom with shower over bath; lounge area with large bay window to the front; fully fitted kitchen with dishwasher and washing machine; the apartment comes fully furnished and intercom entry system.

The entirety of Manchester city centre and beyond is within easy reach from this property with both Manchester Piccadilly and Victoria train/Metrolink stations being only a 15 minute walk away. There certainly isn't a shortage of things to do in the city centre either, with countless shops, bars and restaurants within walking distance from this property. Manchester is renowned for its range of entertainment, rich history and culture with an abundance of cinemas, live music venues, comedy clubs, theatres and museums - it's easy to see why Manchester is one of the fastest growing cities in Europe.

Manchester's high rental yields, growing demand and capital growth are just a few of the reasons why it has earned its title as one of the uk's best buy-to-let hotspots. Between July 2017 and July 2018, property prices in Manchester rose by 5.6% and are expected to have risen a further 18.1% by 2022.

Financial Breakdown

Gross rent: £9,540
Ground rent: £250
Service charge: £916
Lettings fees: £916
Net income: £7,458
Gross yield: 6.36%
Net yield: 4.97%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-13460