1 Bedrooms Flat for sale in Masson Place, 1 Hornbeam Way, Manchester M4 | £ 154,950

Property Description

Excellent one bedroom first floor apartment apartment which comprises of entrance hallway; large open plan lounge which leads out to a balcony; fully fitted kitchen; three piece bathroom suite; ample sized double bedroom; intercom access and a lift to all floors.

This development puts residents within easy reach of the city centre, MediaCityUK and everything that Manchester has to offer, making this the perfect location for the droves of young professionals wanting to live and work in the city. This development has excellent transport links with bus, tram and train stops all within walking distance and motorway access just a short drive away. Manchester is renowned for its range of entertainment, rich history and culture with an abundance of cinemas, live music venues, comedy clubs, theatres and museums - it's easy to see why Manchester is one of the fastest growing cities in Europe.

Manchester's high rental yields, growing demand and capital growth are just a few reasons why it has been named one of the uk's best buy-to-let hotspots. Between July 2017 and July 2018, Manchester’s property prices rose by 5.6% and are expected to rise a further 18.1% by 2022. Manchester's growing population ensures that there will always be high demand for rental properties. Now is the perfect time to invest in this vibrant and exciting city.

Financial Breakdown

Gross rent: £8,340
Ground rent: £250
Service charge: £1,269
Lettings fees: £751
Net income: £6,071
Gross yield: 5.38%
Net yield: 3.92%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-13473

Property Location

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