Flat for sale in Renolds House, Everard Street M5
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Property features
- Excellent opportunity for investment
- Generate immediate income
- 6% net return with good scope to increase
- Two bedrooms
- Main bathroom plus ensuite
- Secure and gated development
- Lift access
- Allocated parking space
- Fantastic location
- Don't miss out and enquire today to find out more
Property description
Renolds House, Everard Street, M5 4Ub
Yieldit are pleased to present to the market a superb investment opportunity located within the desirable development of Renolds House at Lamba Court, just a short 10-minute walk from Manchester’s thriving and cosmopolitan city centre. The development is surrounded by convenient amenities such as those which can be found at Regent Retail park which has a Sainsburys, Costa, jd gym and various popular shops and amenities. The inner city oasis of Castlefield, with it's idyllic Canal network and many restaurants and bars is also close by.
This fantastic apartment sits on the 3rd floor and comprises of entrance hallway; open plan living area; fully-fitted kitchen; two good-sized double bedrooms; main bathroom and ensuite the master. The development is gated and benefits from secure intercom entry with lift access and the property includes an allocated parking space.
This development puts residents within easy reach of the city centre, MediaCityUK and everything that Manchester has to offer, making this the perfect location for the droves of young professionals wanting to live and work in the city. This development has excellent transport links with bus, tram and train stops all within walking distance and motorway access just a short drive away. Manchester is renowned for its range of entertainment, rich history and culture with an abundance of cinemas, live music venues, comedy clubs, theatres and museums - it's easy to see why Manchester is one of the fastest growing cities in Europe and the perfect candidate for property investment.
Financial Breakdown
Gross Rent: £12,000.00
Net income: £10,193.82
Gross yield: 7.27%
Net yield: 6.18%
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-07886
Property info
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![Renoldshouselambacourtwodenstreetsalfordm54Ub-High.Jpg](https://lc.zoocdn.com/4177fc4287928994553afdc006b8d4678acf4b3e.jpg)
For more information about this property, please contact
Yieldit, M50 on +44 161 506 6169 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yieldit, and do not constitute property particulars. Please contact Yieldit for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.