1 bed Flat For Sale £150,000
This property would be a ideal buy-to let investment with a gross yield of 6.4%.
Boasting an open plan kitchen and living room and spacious double bedroom with a full sized bathroom with bathtub and shower.
As a investment the figures stack as follows:
Current rental = £800pcm.
Ground rent = £100 pa.
Service Charge = £2,758 pa.
EPC rating = C
We are informed that the service charge is set to decrease in the following year producing a short-term capital gain of £10k.
Why Invest in Manchester
This diverse and iconic northern hub offers residents a little bit of everything, and regeneration and investment continue to make the city a popular and pleasant place to live.
A strong economy and world-class universities have led to an influx of young professionals and students spurring a healthy rental market.
Manchester is forecast to see both the highest sales price and rental growth of any UK city over the next five years, meaning purchasing a buy-to-let property in Manchester could be a game-changer for any investor's portfolio.
Economically, Manchester stands among the highest performing cities in Europe.
With a steadily increasing population mostly comprising young professionals and students, extensive infrastructure development, construction, and regeneration, Manchester is hugely attractive for property investors of all kinds.
Important note to potential purchasers: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Boasting an open plan kitchen and living room and spacious double bedroom with a full sized bathroom with bathtub and shower.
As a investment the figures stack as follows:
Current rental = £800pcm.
Ground rent = £100 pa.
Service Charge = £2,758 pa.
EPC rating = C
We are informed that the service charge is set to decrease in the following year producing a short-term capital gain of £10k.
Why Invest in Manchester
This diverse and iconic northern hub offers residents a little bit of everything, and regeneration and investment continue to make the city a popular and pleasant place to live.
A strong economy and world-class universities have led to an influx of young professionals and students spurring a healthy rental market.
Manchester is forecast to see both the highest sales price and rental growth of any UK city over the next five years, meaning purchasing a buy-to-let property in Manchester could be a game-changer for any investor's portfolio.
Economically, Manchester stands among the highest performing cities in Europe.
With a steadily increasing population mostly comprising young professionals and students, extensive infrastructure development, construction, and regeneration, Manchester is hugely attractive for property investors of all kinds.
Important note to potential purchasers: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
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