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Studio flat for sale

X1 Manchester Waters Apartments, Manchester, Greater Manchester, M15

£115,000

Property Description

Key features

  • Ideal Manchester Location
  • Circa 6% Net Rental Income
  • Stunning Views over the Waterfront
  • Located in an Extremely Strong Rental Market
  • Built & Managed by an Award-Winning Developer

Full description

Tenure: Leasehold

X1 Manchester Waters

X1 Manchester Waters is a residential development located close to the centre of the UK's 'second city' of Manchester. The development is set to be the perfect tenant retreat, overlooking the tranquil waterfront whilst being near Manchester's vibrant city centre, offering tenants the best of both worlds.

The location of X1 Manchester Waters is truly unparalleled. With two Metrolink stops located within a 5-minute walk, residents are able to reach Manchester's city centre with ease, and enjoy everything 'the capital of the North' has to offer.


Investment Overview

Ideal Manchester Location
Circa 6% Net Rental Income
Stunning Views over the Waterfront
Located in an Extremely Strong Rental Market
Built & Managed by an Award-Winning Developer


A Buy-to-Let Destination

Manchester's local buy-to-let market is leading the way in UK property investment, offering landlords average rental returns of 6%. The city's population is approximately 520,000, a figure that's expected to rise to 600,000 by 2030. Given Manchester's population growth, the strain on the city's thriving housing market will become even more acute.

The supply/demand imbalance is already evidenced in ad around the city centre, and is now stretching out to surrounding regions. As a result, house prices have skyrocketed, so much so analysts have predicted that house prices in Manchester will rise 26.4% by 2021.


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Listing History

Added on Rightmove:
19 April 2018

Map & Street View

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