Studio Flat For Sale, Little Lever Street, Manchester M1

Description

Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers! This excellent studio apartment is located in the Northern quarter area of Manchester, enquire today to avoid disappointment.

This wonderful studio apartment comprises of; entrance hallway leading to a spacious open plan lounge and kitchen area; fully fitted kitchen with all appliances included; three piece shower room. The apartment comes fully furnished to a high standard, and is located on the ground floor.

Situated in Manchester's Northern Quarter, just a few minutes walk away from the Arndale shopping centre, Little Lever Street benefits from a truly unbeatable location. The entirety of Manchester's city centre and beyond is within easy reach from this property with Victoria train station/Metrolink station being less than 5 minutes away. Manchester is renowned for its range of entertainment, rich history and culture with an abundance of cinemas, live entertainment venues, 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 reasons why it has been named one of the UK's best buy-to-let hotspots. Between July 2017 and July 2018, Manchester’s property prices rose by 5.6% and are expected to rise a further 18.1% by 2022. Manchester's growing population ensures that there will always be high demand for rental properties. Now is the perfect time to invest in this vibrant and exciting city.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Assured rent: £10,140
Ground rent: Included*
Service charge: Included*
Lettings fees: Included
Assured income: £10,140
Assured until: Aug 2021
Assured yield: 6.76%

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-16554

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Studio Flat For Sale £150,000 Little Lever Street, Manchester M1

Studio Flat For Sale £150,000
Little Lever Street, Manchester M1