Flat for sale in Landcross House, Landcross Road, Manchester M14

Landcross House, Landcross Road, Manchester, M14 6Lz

Yieldit present an exciting opportunity for cash investors in the exclusive Landcross House development. With a tenant in situ and experienced management company already in place, this hands off investment property can generate you an impressive return above 6% net right from completion.

The ground floor luxury apartment briefly consists of; entrance hallway; lounge; fully-fitted kitchen; double bedroom; utility cupboard and shower room. Residents of the development also have the benefit of a laundry room, secure bike storage area, secure entry with CCTV and parking available to the rear of the building.

Landcross House is perfectly situated in the heart of the ever-popular Fallowfield, ideal for both students and working professionals looking for high quality accommodation within easy reach of Manchester’s Universities, city centre and vibrant community and social scene available in Fallowfield with a range of bars, restaurants and clubs.

Fallowfield is an excellent choice for investment, the area is thriving and busy and attracts professionals and students from all over the UK. The area has excellent transport links, with the busiest bus route in Europe' providing public transport every couple of minutes into town until the early hours increasing the attraction of the area for most.

Financial Breakdown

Gross Rent: £8,340.00
Net income: £5,790.17
Gross yield: 9.48%
Net yield: 6.58%
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-07668