Lower Ormond Street, Manchester, M1
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
525 sq ft
49 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- ***INVESTMENT OPPORTUNITY***
- Two bedroom apartment
- 8% Yield
- 525sq ft
- Second floor
- Tenant in situ
- Service charge £2,781pa & Ground rent £231pa
- Balcony
- Open plan living room/kitchen
Description
*TENANT IN SITU* *MARKET RENT £1250 * CURRENT RENT £1100 P/M* RENT *8% YIELD* *NEAR LOCAL TRANSPORT LINKS* *525 SQFT*
An excellent opportunity to acquire a spacious two-bedroom apartment with a tenant already in situ, providing immediate rental income in the heart of Manchester City Centre.
Located on the second floor of the popular Pearl House development, this well-presented apartment extends to approximately 699 sq ft and comprises a bright open-plan living area, a fully fitted kitchen, two well-proportioned bedrooms, and a modern bathroom. The property also benefits from a private balcony accessed from the second bedroom, along with two Juliet balconies in the living area, creating a bright and airy living space that continues to attract professional tenants.
Ideally positioned just moments from Oxford Road, the universities, major employment hubs, and excellent transport links, the property benefits from consistent rental demand and strong long-term investment fundamentals.
A fantastic addition to any investment portfolio, offering immediate income and excellent tenant appeal in one of Manchester's most established rental locations.
Contact Philip James today for further information or to arrange a viewing.
Available Now and NO AGENCY FEES! Philip James Manchester are proud to present this stylish two bedroom apartment located in the heart of Manchester City Centre. The apartment is located on the second floor of this superb apartment block a stones throw from Oxford Road and Whitworth Street. The apartment comes fully furnished. There is a balcony off the second bed and two Juliet balconies in the lounge. Viewing is highly recommended as we don't see it being around for long.
- 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: D
- 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
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About Philip James Manchester, Manchester
Ground Floor, Oxid House, 78 Newton St, Manchester, M1 1AL
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Visit our security centre to find out moreDisclaimer - Property reference CCS220082. 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 Philip James Manchester, 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.
*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.