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1 bed Flat For Sale £153,000
X1 The Plaza, 1 Advent Way, 1 Advent Way, Ancoats M4


Description
X1 The Plaza is a unique residential development that epitomises modern city centre living, offering high-end fixtures and fittings, top-of-the-range amenities and unparalleled views of the city. Spread over two impressive buildings, there are 201 apartments with a mix of luxury one, two and three bedroom apartments and seven spacious townhouses with a private terrace and four premium penthouses. Further to this, an on-site gym for residents only and green spaces.

The residential complex is in an ideal location being close to Manchester city centre, but also within easy reach of Manchester Piccadilly station and Manchester Airport which provide national and international travel links. The entirety of Manchester's city centre and beyond is within easy reach from this property with Victoria train station/Metrolink station being 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. 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. In their July 2022 UK house price forecast, data from jll predicts that property prices in the North West could rise by 17.6% over the next 4 years, so Manchester is the perfect location to invest in property.

Financial Breakdown

Gross rent: £9,000
Ground rent: £350
Service charge: £1,772
Net income: £6,878
Gross yield: 5.88%
Net yield: 4.5%

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-07195

Follow the link for more information:
        
zoopla.co.uk

  
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