1 Bed Apartment For Sale

yieldit present an impressive opportunity for investors, being sold with tenant in situ this fantastic property will generate you a return in excess of 8% NET right from completion. Positioned on the 6th floor of this popular development which is gated and secure, with lift access, allocated parking spaces and intercom entry this is an opportunity not to be missed.



Internally, the property is wonderfully maintained by the current tenant. Consisting of entrance hallway leading to spacious open plan lounge with spotlight lighting, fully-fitted kitchen, window and glass doors leading to a large balcony with wonderful far reaching views. There is a double bedroom with built in storage and bathroom with three-piece suite and heated towel rail.



Located in the ever-popular Lakeside Rise development on the outskirts of Manchester city centre, this property is ideally just five miles from everything the city has to offer therefore making it the perfect accommodation for those working professionals wanting a short commute or wanting to enjoy the endless array of amenities including shopping, leisure facilities and food and entertainment establishments available there. Closer to home, the biggest and best park in the North West, Heaton Park is practically on the doorstep and boasts over 600 acres of woodland and hosts regular events for all ages throughout the year.



Manchester is one of the best locations to invest, the city consistently sits among the highest performing cities in Europe and its population is ever increasing meaning there is a continuous demand for good quality rental accommodation. The city attracts a high number of young professionals thanks to the lifestyle, employment opportunities and educational facilities that it has on offer.

Financial Breakdown

Gross Rent: £7,800.00
Net income: £6,110.49
Gross yield: 10.4%
Net yield: 8.15%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07671