2 bed flat for sale

Princess Street, Manchester M1

Princess Street, Manchester (M1 6Ng)

Yieldit are pleased to offer to the market this excellent two-bedroom apartment comprises of; entrance hallway leading to the open plan lounge with double glazed window to the front; a fully fitted kitchen with all appliances included; first double bedroom with fitted wardrobes and double glazed window; a three piece family bathroom; a second double bedroom with fitted wardrobes and double glazed window to the side. This apartment is located on the second floor and has a secure entry system.

Situated in Manchester's city centre just a few minute's walk away from Manchester university. Princess Street benefits from a truly unbeatable location. The entirety of Manchester's city centre and beyond is within easy reach from this property with Piccadilly train station/Metrolink station being less than 5 minutes away. Manchester is renowned for its range of entertainment, rich history and culture with an abundance of cinemas, live entertainment venues, and museums - it's easy to see why Manchester is one of the fastest-growing cities in Europe.

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. Between July 2017 and July 2018, Manchester, property prices rose by 5.6% and are expected to rise a further 18.1% by 2022. Manchester's growing population ensures there will always be high demand for rental properties. Now is the perfect time to invest in this vibrant and exciting city.

Financial Breakdown

Gross Rent: £15,600.00
Net income: £9,775.40
Gross yield: 9.75%
Net yield: 6.11%
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-03306