£175,000
(£428/sq. ft)
1 bed flat for saleNorthwood House, Manchester M5
1 bed
1 bath
1 reception
409 sq. ft
- Leasehold
North Property Group Ltd
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About this property
Fully furnished
Prime location
Parking included
Abundance of nearby amenities
Great connectivity to city centre
Modern designs
Tenanted until at least April 2025
Rental income £995
Yields over 6%
Incredible investment opportunity
**great investment opportunity**high tenant demand**yields over 6%**fully furnished**parking included**
Northwood house
This property features a modern and spacious 1 bedroom, and 1 bathroom, with an open plan living room and kitchen. This ground floor apartment boasts high specifications and is an ideal investment opportunity, with high returns, abundance of local amenities, and a tenant already in situ. The apartment comes fully furnished and with an allocated parking, with yields over 6% and a rental income of £995.
Location
The M5 postcode in Manchester covers parts of Salford and is known for its affordability and proximity to the city centre. With excellent transport links, including Salford Crescent station and bus routes, it provides easy access to central Manchester and beyond. The area offers a range of local amenities, from supermarkets and schools to community parks, and is close to attractions like MediaCityUK and Salford Quays. It's an appealing choice for families, students, and young professionals.
Tenure
This property has 248 years remaining on the lease, with service charge of £919 per annum and ground rent charge of £165 per annum.
Property highlights
tenant in situ
rental income of 995 pcm
Prime location
high specification
parking included
fully furnished
Yields over 6%
for more information, contact north property group today
North Property Group is an independently owned sales, lettings and property agency with more than 20 years of experience. We work exclusively for the benefit of our clients to help you buy, sell, let or rent the best properties across the UK.
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More information
Tenure
Leasehold (248 years)
Service charge
£919 per year
Council tax band
Ground rent
£165
Ground rent date of next review