Studio Flat For Sale, Houldsworth Street, Manchester M1

Description

Beech Holdings are delighted to introduce this second floor studio apartment located in our Little Lever Street development, in the Northern Quarter. The 215 sq ft studio is an incredible opportunity for any investor looking to start or develop a property portfolio. The apartment comes fully-furnished with bespoke furniture, fitted with Bosch appliances, underfloor heating throughout, and eco-friendly features offering sustainable, high-spec living. This move-in ready property is an ideal hands-off investment.

With a projected 6.11% net yield, Little Lever Street is the obvious choice for any investor looking to expand their portfolio and achieve consistently high rental yields. This studio has been tenanted since completion and has tenants secured until September 2023, offering any investor instant rental income. Full management and lettings is also included.

The Location
One of the most popular locations in Manchester, the Northern Quarter is a very contemporary area and is known for its trendy neighbourhood feel and vibrant street art.
Its central location puts residents within 5-minutes of Manchesters universities, and is only a few minutes away from the Piccadilly Train station; making it also suitable for commuters around the North-West, and subsequently increasing interest and demand.

Why invest in Manchester?
~ Global Connectivity
Manchester is the number one choice for investors across the world. The global connectivity that Manchester International Airport provides has contributed £4.5 billion to the local economy and is currently undergoing a £1 billion expansion which will mean the airport can cater for an additional 30 million passengers each year.

~ World-class Universities
Home to two world-leading universities that attracts thousands of new students every year to Manchester, 60% of these students will then stay in the city after graduating, further contributing to the demand for rental housing. There is also an undersupply of housing in the city; 11,000 new homes are needed in the city each year to keep up with the growing demand, and currently only 7,000 are being built leaving a shortfall that investors can benefit from.

~ Consistently growing property market
With property prices at an all-time high since records began, and capital appreciation seeing a growth of 16% - a 7-year high - the property market has remained resilient throughout economic uncertainty. Additionally, over half the population of Manchester is made up by Generation Rent, and with rental prices increasing by 10% over the past 12 months, investors are reaping the rewards.
When enquiring please quote IATA17524

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Studio Flat For Sale £124,950 Houldsworth Street, Manchester M1

Studio Flat For Sale £124,950
Houldsworth Street, Manchester M1