1 bed Flat For Sale, Chester Road, Manchester M16

Description

A rare and highly sought after investment opportunity- perfect for investors looking to start or expand their portfolio in Manchester. This apartment offers investors a 5.54% net yield, and is tenanted and fully managed.

The apartment is located on the 4th floor and benefits from plenty of space, at 355 sq ft, high spec appliances in the kitchen, and modern interior in the living room and bedroom, with space efficient design. The apartment also comes fully furnished with top quality furnishings for the potential tenant, meaning that as the landlord you will have nothing to worry about.

Westpoint is a totally hands-off investment opportunity - allowing investors to enjoy all the benefits of owning property in the UK's no.1 investment location, without any of the hassles of being a landlord, while still enjoying high returns:

Actual rent - £11,004
Operating fees - £3,478 pa
net rent - £7,525

The Development

Completed in 2018, to a pioneering standard of quality and finish, Westpoint not only offers residents somewhere to live, but also a built-in community - brought to life through the abundance of on-site facilities, and the dedicated residence team - all of which set Westpoint apart from other developments across the city.

Facilities and features include:

5* hotel-like facilities exclusively for residents

* A communal residents lounge
* Fully equipped gym
* Co-working space and residents lounge
* Onsite concierge services
* Dedicated onsite residence managers

Luxury and sustainability as standard

* Air source heat pumps
* Underfloor heating
* Thermostatic shower mixer
* Gas-lift ottoman leather bed
* Bespoke furnishings throughout
* Quartz worktops

The Location

Located at the gateway to Manchester City Centre, in a £50 million regeneration area and neighbouring the iconic Old Trafford football stadium (home of Manchester United) as well as the Emirates Cricket Ground.

Why 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.
When enquiring please quote IATA17356

Follow the link for more information:

        
zoopla.co.uk

Email notifications

Search

Order by Price Min Price Max Price Min Price Max

- + Search

1 bed Flat For Sale £135,950 Chester Road, Manchester M16

1 bed Flat For Sale £135,950
Chester Road, Manchester M16