1 Bedrooms Flat for sale in Manchester Off Plan, Great Ancoats Street, Manchester M4 | £ 150,000
Overview
Price: | £ 150,000 |
---|---|
Contract type: | For Sale |
Type: | Flat |
County: | |
Town: | |
Postcode: | M4 |
Address: | Manchester Off Plan, Great Ancoats Street, Manchester M4 |
Bathrooms: | 1 |
Bedrooms: | 1 |
Property Description
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 propertyis enviably located on the edge of Manchester city centrein the thriving area of Ancoats and New Islington, which has high tenant demand.
You’ll earnfrom £7,200 annual rental income which is assured for the first year, and there are no restrictions on exit strategy.
This luxuriousproperty, has all the advantages of being a short walk awayfrom 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 manyapartments benefit from spectacular city views, with theremainder facing the garden courtyard and terraces. Privatebalconiesare available on a number ofunits, and the addition of a private gymnasium, on-site managementcompany and laundry facilities will make living at this property easyand 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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Property Location
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