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2 bedroom apartment for sale

Apartment , Insignia, Talbot Road, Old Trafford, Manchester

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

657 sq ft

61 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • 2 bedroom 2 bathroom
  • 6% NET Yield
  • Hands Free Investment Opportunity
  • Ideal for Short Term Lets
  • Tenanted Investment
  • Fully Furnished Modern Finish
  • Great transport links
  • Fifth Floor Apartment

Description

Modern 2-Bed Investment Apartment | 6% NET Yield | Tenanted Until 2028

Price: £220,000

An excellent buy-to-let opportunity offering immediate income, this two-bedroom, two-bathroom apartment is situated on the 5th floor of the popular Insignia development, just minutes from Manchester City Centre and key transport links.

Designed around the concept of modern athletic living, Insignia sets a new benchmark for flexible, lifestyle-led urban accommodation, making it highly attractive to long-term tenants.

Investment Highlights:
* 2-Bedroom Apartment
* 5th Floor Position
* Open-Plan Lounge / Kitchen
* Two Bathrooms
* Furniture Included
* Tenanted at £1,450 PCM until May 2028
* 6% NET Return
* Managed by Residential Estates
* Strong Location for Professionals & Students
* Asking Price: £220,000


About the Apartment

Apartment 507 comprises a spacious open-plan lounge and kitchen, designed to maximise natural light and flexibility of use. The modular layout allows the living space to adapt to modern tenant lifestyles, particularly those with an active, city-focused routine.

Both bedrooms are well proportioned, with two modern bathrooms, making the property ideal for professional sharers or couples. The apartment is sold fully furnished, allowing an investor to hit the ground running with no additional setup costs.


About Insignia

Insignia is a 10-storey residential development located in a highly accessible area, close to:
* Metrolink services
* Manchester City Centre
* MediaCityUK
* University Quarter

Surrounded by green spaces and sporting landmarks, the development has been thoughtfully designed for tenants with an active, urban lifestyle. Residents benefit from a communal roof terrace with a fully equipped gym, offering city views and premium shared amenities.


Investment Summary:
* Long-term tenant in place until May 2028
* £1,450 PCM rental income
* 6% NET yield
* Low-maintenance, hands-off investment
* High demand rental location

Tenure: Leasehold (205 years)
Ground Rent: £218.5 per year
Service Charge: £918 per year

Brochures

Brochure
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Apartment , Insignia, Talbot Road, Old Trafford, Manchester

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About Residential Estates, Chester

First FL. Kinnerton House Bell Meadow Business Park Park Lane Pulford CH4 9EP

We started our business 25 years ago as a Chester based property rental and lettings agency, and have grown into a respected, and diverse provider of property services.

The reason for our long term success, is due to constant focus on developing lasting client relations, offering unparalleled expertise over a full spectrum of services within the property industry.

We currently have multiple business departments, listed as follows:

Residential Property Investment

Residential Property Sales

Residential Lettings

Land Acquisitions

Property Management

Serviced Accommodation

International Property Sales & Investments

We are Chester's first internet based estate agency, and investment specialists. We believe in moving in-line with the change of the market place, to ensure our customers receive the very best service, from all divisions of our company portfolio.

The tailored service we offer directly meets the needs of our clients, as a tenant, a landlord, or an investor, we respect and value your business.

We would like to thank all of our clients over the years for helping us reach an important milestone, our silver anniversary, which we celebrated in 2015 after 25 years in business.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£1,004
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference RS0192. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Residential Estates, Chester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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