Hulme High Street, Manchester, Greater Manchester, M15
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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Key features
- Two bedroom and two bathroom second floor apartment situated in Hulme, being sold with the current tenants in situ
- Annual rental income of £12,000 per annum
- 220 years remaining on the lease
- Cladding remedial works being currently done with funding from the Government
- Gross yield of 8% and net of 6.1%
- Popular Manchester location
Description
Asking Price: £150,000
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Investment Opportunity in the Heart of Manchester
Pure Investor is delighted to present this fully furnished two-bedroom apartment, ideally located a short distance from Manchester City Centre and the city's major universities. Perfect for investors seeking strong rental returns, this property is currently achieving a rental income of £1,000 per calendar month.
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Property Features
* Location: Second-floor apartment within a well-maintained development.
* Open-Plan Living: Spacious living room with integrated kitchen appliances - ideal for modern city living.
* Bedrooms: Two generously sized double bedrooms, with the principal bedroom benefitting from an en-suite shower room.
* Bathrooms: Modern main bathroom with contemporary fittings.
* Fully Furnished: Ready for immediate rental, providing a seamless income stream for investors.
* Leasehold: 220 years remaining.
* Service Charges & Ground Rent: Ground rent £256.45 per annum, service charge £660.24 per quarter (£2,640.96 per annum)
* Energy Efficiency: EPC Rating C.
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Investment Highlights
* Strong Yield: Achieving a rental income of £1,000 pcm, this property offers an attractive gross rental yield of approximately 8%.
* Turnkey Investment: Fully furnished and ready to rent, reducing void periods and management hassle.
* Prime Location: Close proximity to Manchester City Centre, universities, and transport links ensures consistent rental demand from students and professionals.
* Secure Building Compliance:
o Cladding works are currently being carried out on the external parts of the development.
o All works are fully government-funded, with no additional costs to the leaseholder.
o Once completed, a valid EWS1 form will be in place, ensuring compliance with the Building Safety Act.
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Why Invest Here?
This property represents a high-demand, low-maintenance investment in one of Manchester's most desirable areas. With strong rental income, long lease length, and a modern, fully furnished setup, Flat 57 is perfect for investors seeking reliable returns and long-term capital growth.
Current Rental Income: £1,000 pcm
Asking Price: £150,000
Gross Yield: 8%
Net Yield: 6.1%
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Let Pure Lettings Take The Strain.....
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.
Fully managed lettings and property management service
Comprehensive coverage throughout England and Wales
One team, one fee across your full portfolio
Rental income protection available
Transfer your existing properties quickly and easily
If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: to find out more
- 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.
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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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Energy performance certificate - ask agent
Hulme High Street, Manchester, Greater Manchester, M15
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Visit our security centre to find out moreDisclaimer - Property reference -Life-Building-Hulme-Street-Manchester. 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 Pure, Manchester. 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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