This property has been taken off the market.

2 Bed Apartment House For Sale Addison Crescent, Manchester, M16

£290,000- Apartment

1 of 15
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Last Updated: 26th April 2024

Description

This beautiful two-bedroom apartment is located on the twelfth floor of the brand-new Tower 3 of the ever-popular X1 Manchester Waters development. Available with vacant possession it is suitable for both homeowners and investors, with impressive anticipated returns to be generated.\r
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Internally, the property is finished to a high specification throughout and briefly consists of; entrance hallway; spacious open plan living area featuring high-gloss kitchen with integrated appliances; large balcony with stunning city views; two double bedrooms; master with ensuite and main bathroom with three-piece suite. The property is ready to move straight into being fully furnished and has an allocated parking space, also benefiting from residents only gym, lift access and a secure entry system.\r
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X1 Manchester Waters is a residential development located close to the centre of the UK’s second city of Manchester. The development is the perfect tenant retreat, overlooking the Manchester Ship Canal whilst being near Manchester’s vibrant city centre, offering tenants the best of both worlds. The location of X1 Manchester Waters is truly unparalleled. With two Metrolink stops located within a 5-minute walk, residents are able to reach Manchester’s city centre with ease and enjoy everything the Capital of the North has to offer. Additionally, residents are also just a short journey away from major tourist destinations like Intu Trafford Centre and MediaCityUK.

Financial Breakdown

Gross Rent: £17,400.00
Net income: £13,863.15
Gross yield: 6%
Net yield: 4.78%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07675
Agent Details
yieldit
Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested