Ellesmere Street, Manchester, Greater Manchester, M15
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- A well-presented 2 bedroom flat
- Three Piece Bathroom
- Open Plan Lounge and Kitchen
- Communal Garden
- Current Rent: £1000
- Potential Rent: £1300
Description
Key Investment Highlights:
High Rental Demand: Ellesmere Street is known for its growing popularity among tenants, ensuring strong and steady rental yields.
Prime Location: Experience an Urban Convenience; This property is close to shopping centers, restaurants, cafes, and entertainment options, making it highly convenient for residents. Access to parks and recreational areas enhances quality of life and provides outdoor leisure options.
Long-Term Growth: As an area benefiting from regeneration and ongoing development, Ellesmere Street continues to see rising property values and rental income potential.
Property Overview:
The is an exceptional two bedroom flat which features an open plan lounge, kitchen, modern bathroom and communal garden space. A mix of modern apartments and traditional homes caters to various demographics, from young professionals to families.
Rental Potential:
This property consistently achieve strong rental returns, with demand often exceeding supply. Based on current market conditions, this two-bedroom flat is currently generating a £1000 pcm and has the potential to generate an estimated rental income of £1300 per month, delivering a healthy gross rental yield. With the added advantage of long-term capital growth, this property is a solid investment choice.
Future Growth and Appreciation:
As of 2024, Ongoing regeneration projects in Manchester can lead to property value appreciation and increased interest from investors.
Additional Information:
Tenure: Leasehold
Ground Rent: £400 per annum
Service Charge: £1600 per annum
Ground lease length? £985 per annum
This is a rare opportunity to acquire a property in one of Manchester's fastest-growing rental markets. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer searching for a long-term growth opportunity, this apartment in Ellesmere Street is not to be missed. Contact us today to arrange a viewing or discuss investment details.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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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.
- Communal garden
- 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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Energy performance certificate - ask agent
Ellesmere Street, Manchester, Greater Manchester, M15
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Visit our security centre to find out moreDisclaimer - Property reference JagdishRupareliaProperty. 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 Sell Your Tenanted Property, Rutherglen. 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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