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1 bedroom flat for sale

Manchester Off Plan, Great Ancoats Street, Manchester, M4 6DJ

£170,000

Property Description

Key features

  • 6% Net Rental Returns
  • Manchester City Centre
  • Gymnasium & Secure Bicycle Storage
  • On-site Management Office
  • Experienced Management Company
  • Prices from 120,000

Full description

Tenure: Leasehold

Manchester Off Plan Property

For Buy to Let - 50% Deposit Required - Below Market Value

We have an excellent opportunity for investors, with this Manchester city centre property coming back on the market. This property is enviably located on the edge of Manchester city centre in the thriving area of Ancoats and New Islington, which has high tenant demand.

You'll earn from 7,200 annual rental income which is assured for the first year, and there are no restrictions on exit strategy.

This luxurious property, has all the advantages of being a short walk away from the local parks and independent shops of suburbia, but also close to the vibrant bars and restaurants of the city.

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Being located just 0.4 miles from Manchester Piccadilly train station means that many apartments benefit from spectacular city views, with the remainder facing the garden courtyard and terraces. Private balconies are available on a number of units, and the addition of a private gymnasium, on-site management company and laundry facilities will make living at this property easy and stress-free.

Investment Overview

6% Net Rental Returns
Manchester City Centre
Gymnasium & Secure Bicycle Storage
On-site Management Office
Experienced Management Company
Prices from 120,000


Why Manchester

Manchester's buy-to-let market is flourishing - it was named in the 'Top 4 Buy-to-Let Hotspots' in the UK, and HSBC estimated that investors could make up to 7.98% gross yields.

The city is experiencing exponential growth, with a 19% increase in population in the last decade and an array of planned transport projects including HS2 and One North.

As a result, it's the perfect time to capitalise on demand for Manchester property.

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Listing History

Added on Rightmove:
14 September 2017

Floorplans

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