Flat for sale in Manchester M8, 2 Bedroom

Hopwood House are pleased to offer for sale this 2 bedroom apartment located in the purpose built Midway House, on Cheetham Hill Road, M8. It would suit an investor looking for a hands free investment or a first time buyer looking to be close to the city centre, without the big price tag!

The accommodation briefly comprises of: Communal entrance, entrance hall, two double bedrooms, open plan kitchen/lounge.

The development is conveniently located on Cheetham Hill Road which provides easy access to all local amenities including Manchester Fort retail park, grocery shops and within 30 minutes walk to Deansgate. There is a regular bus route taking you in to City Centre every couple of minutes.

Financial breakdown - 3 Midway House, 409 Cheetham Hill Rd, M8 0PW
£550 pcm rental income (£6600 per annum)
Service charges £800 per annum
Lettings fee - 5%
Ground rent £350 per annum
Net yield 5.47%
(Current tenant is on a periodic contract).

Reservation and Purchase Process
Complete Reservation Form
£2,000 reservation fee (fully refundable up to completion)
Instruct solicitors
Balance on completion