2 Bedrooms Flat for sale in Queens Brewery, Moss Lane West, Hulme, Manchester M15 | £ 185,000

Property Description

We are pleased to offer this unique investment opportunity in this luxurious two-bedroom duplex apartment situated on the second floor of the stunning Queens Brewery conversion development.

The apartment comprises of a large living space, fully fitted high specification kitchen complete with dishwasher/ washer dryer/ oven and hob. As well as two spacious double bedroom one fitted with en-suite, fully tiled and opulent 3-piece bathroom and secure entry system with intercom access. The apartment is offered fully furnished and has double glazing throughout. The beautiful apartment also comes with its own balcony and allocated parking space.

Queens Bury is simply fabulous, it offers the chance to invest in a highly in demand development for both investors and residents. The development won the International Property Awards in 2016 with no surprise! The development offers a contemporary luxury living lifestyle within a gated community, additionally offering residents free secure allocated parking, a private onsite residents’ gym as well as bicycle storage.

The development speaks for itself in the investment world and is highly sought after, additionally Manchester as a whole is known currently as a buy to let hotspot as prices in Manchester are rising at the fastest rate in the UK, beating even the London figure, according to the Nationwide house price index.

This is further reflected in the postcode area specifically of the development, which has seen a 30% increase in the last 5 years! (Zoopla – October 2018). With a population of 2.5 million and a workforce of 1.2 million, Greater Manchester is the economic powerhouse of the North West, contributing a massive £28 billion to the region’s gdp. There are no signs that Manchester is slowing down making now the time to invest!

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £9,900
Ground rent: £200
Service charge: £743
Lettings fees: £792
Net income: £8,165
Gross yield: 5.35%
Net yield: 4.41%

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-13078

Property Location

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