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Hyde Grove, Manchester, Greater Manchester, M13

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

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

Description

Offered to the market with no onward vendor chain is this excellent ready-made investment opportunity situated in the heart of M13, close to Manchester University Campus.

The site sits close to excellent commuter links into Manchester City Centre and is close by to a wide range of every day amenities.

Built in 2005, the development is an ideal investment for those looking at the student let sector. The purpose built student accommodation block provides a self contained one bedroom studio apartment with an open plan living room/kitchen with integrated appliances plus space for bedroom and a shower room.

The building also provides a communal common room, launderette and bike storage with gated parking available on a seperate basis.

The flat is currently tenanted for this academic year at £226 per week for 51 weeks ( £11526 per annum ) and has already been let for 2025/2026 at £256 per week for 51 weeks ( £13056 per annum )

The service charge and fully managed fees total £4644.43 providing a net profit of £6881.57 and a yield of 6.2% ( 7.6% yield based on next years increased rental income )

The block is managed and demand from students has always been popular so if you’re looking to invest some money at a good return then look no further!

Viewings by appointment only.

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.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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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Hyde Grove, Manchester, Greater Manchester, M13

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About Bridgfords, Withington

416 Wilmslow Road, Manchester, Lancashire, M20 3BW
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Your trusted agent for over 180 years.

We’re local. Award-winning. And focused on you. We keep things simple and transparent – no fancy jargon or hidden costs. Whether you’re looking to buy, sell, let or rent, your property journey starts here.

Why we’re different

As part of the UK’s largest property services group, we have agents right across the country with access to thousands of potential buyers and tenants. With years of experience selling and letting houses like yours, in your local area, we know how to get your property seen by the right people. Professional photography, expert social media advertising and virtual property tours are just some of the features we offer to help sell and let your properties for the best price, in a time frame that suits you. You’re in safe hands with us.

More than simply an estate agent…

We want to take the stress out of moving. That’s why we offer a full range of property services to help you at every stage of your property journey. From your valuation to your mortgage and protection needs to conveyancing and surveying, we can organise every detail. This means less time searching for and stressing about services and more time planning life in your new home.

In short, we're your one-stop-shop.

We handle everything, all in one place - because a little peace of mind can go a long way.

So, let’s get started?

Withington is a popular suburb in South Manchester, close to West Didsbury and Fallowfield. As well as offering a wide range of great properties, the area has been transformed into a street art hub over recent years, giving it a splash of colour and welcoming creativity. The team in our Withington branch have over 50 years estate agency experience and strive to give the offer the best service possible to buyers, sellers, renters or landlords. Feel free to stop by our branch on Wilmslow road for any advice.

Your mortgage

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Years
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Monthly repayments
£512
We think you can borrow up to
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Disclaimer - Property reference WIW250162. 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 Bridgfords, Withington. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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