2 Bedrooms Flat for sale in Stuart Street, Manchester M11 | £ 140,000

Overview

Price: £ 140,000
Contract type: For Sale
Type: Flat
County: Greater Manchester
Town: Manchester
Postcode: M11
Address: Stuart Street, Manchester M11
Bathrooms: 2
Bedrooms: 2

Property Description

This fantastic two bedroom apartment compromises of entrance hallway; open plan living room with double opening doors allowing access to the gardens; fully fitted kitchen with space for a breakfast table; master bedroom with en-suite shower room; second double bedroom and bathroom suite. The property also comes with secure allocated parking.

With aspect views towards the Pennines and Ashton Canal, residents also have the convenience of easily accessible transport links into the city centre via the Metrolink Station, not to mention regular bus routes, making this a superb location.

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: £8,100
Ground rent: £100
Service charge: £1,148
Lettings fees: £607
Net income: £6,245
Gross yield: 5.79%
Net yield: 4.46%

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-13435


Property Location

Property Marketed by Yieldit



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