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Manchester Property Investment | M4
FROM £141,500
  • New
  • 6%
    Net rental

KEY PROPERTY HIGHLIGHTS

  • Fifth Floor
  • One Bathroom
  • Juliet Balcony
  • Close to Victoria Station
  • Short Walk to NOMA District
  • Short Walk to Arndale Centre
  • Secure Underground Parking Space
  • Rental Yield: 6% Two Double Bedrooms
  • Secure Development with Communal Gardens

WHY INVEST IN BUY TO LET PROPERTY INVESTMENTS?

HIGH DEMAND

We scour the UK’s property market and identify areas where there is a high demand for rental properties but a lack of supply.

HIGHER YIELDS

We pinpoint areas that are experiencing significant regeneration, ensuring that there is the potential for capital uplift and excellent rental yields.

HANDS FREE

A specialist advisor will be appointed to manage your unit to ensure that you receive “hands-free” returns.

WHAT INVESTORS SAY

PROPERTY DETAILS

Manchester Property Investment – M4

Fantastic Manchester property investment opportunity available. This two-bed apartment is set within a short walk from the very popular Northern Quarter and close to the picturesque Angel Meadows Park as well as the new £800m NOMA development. Thereby having the possibility of high capital growth, excellent transport links in and out of the City Centre and plenty of local amenities right on your doorstep.

Investment Summary

  • Rental Yield: 6% (Based on expected rental of £800pcm)
  • Two Double Bedrooms
  • One Bathroom
  • Juliet Balcony
  • Secure Underground Parking Space
  • Short Walk to NOMA53 District
  • Close to Victoria Station
  • Short Walk to Arndale Centre
  • Fifth Floor
  • Secure Development with Communal Gardens

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Cash Flow

General – Rental Yield: 6% (Based on expected rental of £800pcm)
Service Charge: : £1275.00 pa
Ground Rent: £95 pa
Lease: 125 years from 01.01.2004
Management Company: Premier Estates

The Citadel development on Ludgate Hill, Manchester

Positioned on the fifth floor, the apartment offers an open plan spacious living area, fitted kitchen with ample dining space, master bedroom with en-suite shower room, second double bedroom, three piece main bathroom, balcony with views across Manchester and access from the living area and master bedroom. The Manchester property also includes an underground parking space.

The Citadel development is located only a short walk from the Northern Quarter, NOMA 53 district, Victora Train Station and from the Arndale Centre.

Specification

Hallway – Carpeted flooring, ceiling lighting, cupboard housing the boiler and plumbing for washing machine.

Living Area– Double glazed window, flooring, phone/tv point, wall mounted heater and ceiling lights.

Hall
Steel front . Carpeted flooring, built-in storage cupboard, painted plaster ceiling, recessed lighting.

Kitchen 2.86m x 2.2m
uPVC sliding double glazed door, opening onto a balcony. Electric heater, laminate flooring, painted plaster ceiling, recessed lighting. Roll edge work surface, fitted and wall and base units, stainless steel sink, circular sink and with mixer tap with drainer, integrated, electric oven, integrated, electric hob, stainless steel extractor, integrated dishwasher, space for fridge/freezer.

Bedroom 1 4.3m x 4.1m
Double bedroom; double glazed uPVC window facing the rear. Electric heater, carpeted flooring, painted plaster ceiling, recessed lighting.

Bedroom 2 3.01m x 2.6m
Double bedroom; double glazed uPVC window facing the rear. Electric heater, carpeted flooring, painted plaster ceiling, recessed lighting.

Cupboard
Excellent storage area.

Bathroom 2.04m X 1.8m
Heated towel rail, shelving, part tiled walls, painted plaster ceiling, ceiling light.

External
This apartment offers the key feature of secure car parking with the Citadel featuring beautiful communal gardens with security intended entry gates.

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Nearest stations:

Manchester Victoria (0.4 miles)
Market Street (0.5 miles)
Piccadilly Gardens (0.6 miles)

Below Market Value Manchester Property Investment

Purchased in 2005 for £144,000
Bargain price – on sale now for £141,500
£1,500 Property Sourcing Fee

Manchester Property Investment | M4
  • One Bathroom
  • Rental Yield: 6% Two Double Bedrooms
  • Secure Development with Communal Gardens
  • Fifth Floor
  • Short Walk to Arndale Centre
  • Close to Victoria Station
  • Short Walk to NOMA District
  • Secure Underground Parking Space
  • Juliet Balcony
Manchester Property Investment | M4

Purchase Price

£141,500

Property Soucing Fee

£1500

Projected Rental Income

£9600

Service Charge

£1275

Ground Rent

£95

Projected Net Income

6%

Property Location

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