This property has been taken off the market.
2 Bed Apartment House For Sale Mason Street, Manchester, M4
£195,000- Apartment
1 of 15
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Last Updated: 25th May 2024
Description
yieldit present this beautiful New York loft style penthouse apartment ideally located in Manchester’s exciting city centre. On the doorstep of the Northern Quarter and within easy reach of Deansgate, Spinningfields, New Islington Marina and everything this fantastic city has to offer this property is sure to be in demand on both the sales and rental market.\r
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Offered to the market with tenants in situ, this is an ideal opportunity for investors looking for their addition to their portfolio with an impressive return in excess of 5% NET to be generated right from completion. Positioned on the fifth floor the apartment includes; entrance hallway; two well-proportioned double bedrooms; shower room; fully-fitted kitchen; open plan living area with several windows providing city views and a tonne of natural light.\r
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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. 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. In their July 2022 UK house price forecast, data from JLL predicts that property prices in the North West could rise by 17.6% over the next 4 years, so Manchester is the perfect location to invest in property.
Financial Breakdown
Gross Rent: £12,000.00
Net income: £10,299.00
Gross yield: 6.15%
Net yield: 5.28%
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-07796
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Offered to the market with tenants in situ, this is an ideal opportunity for investors looking for their addition to their portfolio with an impressive return in excess of 5% NET to be generated right from completion. Positioned on the fifth floor the apartment includes; entrance hallway; two well-proportioned double bedrooms; shower room; fully-fitted kitchen; open plan living area with several windows providing city views and a tonne of natural light.\r
\r
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. 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. In their July 2022 UK house price forecast, data from JLL predicts that property prices in the North West could rise by 17.6% over the next 4 years, so Manchester is the perfect location to invest in property.
Financial Breakdown
Gross Rent: £12,000.00
Net income: £10,299.00
Gross yield: 6.15%
Net yield: 5.28%
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-07796
Agent Details
yieldit
Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
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.
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.