1 bed flat for sale

Roof Gardens, 5 Bentnick Street M15

Roof Gardens, 5 Bentnick Street, M15 4Rs

Yieldit are pleased to offer to the market this wonderful first floor apartment which is finished to a high specification and well presented by the current occupants. Suitable for a range of buyers, this would make the perfect new home or buy-to-let investment. Internally, the property consists of an open plan living area; fully-fitted kitchen; floor to ceiling windows; double bedroom; bathroom and storage cupboard. A secure allocated parking space is also included. The standout feature is the impressive shared communal terrace which provides plenty of space for relaxing and outdoor living.

Roof Gardens forms part of the Manchester Gardens development, which completed only in recent years by award winning architects and developers and has quickly become a very trendy and desirable neighbourhood. Sitting in the inner-city oasis of Castlefield, at the edge of Manchester city centre, the location is ideal for those wanting to be within walking distance of the city whilst still being able to enjoy green spaces and canals, waterfront bars and restaurants and have easy access to excellent transport links.

Castlefield has benefited from significant regeneration over the past 20 years which has transformed it into a luxury property investment hotspot. This is reflected in figures obtained from Rightmove which show the average price of an apartment in the area currently stands at £353,864, with prices in the last year increasing by 30% and by an outstanding 51% since 2019.

Please note letting and management fees may apply.

Financial Breakdown

Gross Rent: £12,000.00
Net income: £8,929.00
Gross yield: 6.86%
Net yield: 5.1%
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-07960