Flat for sale in Hyde Grove, Manchester, Greater Manchester M13
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Offered to the market with no onward vendor chain is this excellent ready-made investment opportunity situated in the heart of M13, close to Manchester University Campus.
The site sits close to excellent commuter links into Manchester City Centre and is close by to a wide range of every day amenities.
Built in 2005, the development is an ideal investment for those looking at the student let sector. The purpose built student accommodation block provides a four bedroom cluster apartment all with their own shower rooms plus communal living room and kitchen facilities
The building also provides a communal common room, launderette and bike storage with gated parking available on a seperate basis.
The flat is currently empty but is let for the 2024/2025 academic year at an increased gross rent of £33,400 made up of £167 per week per room over a 50 week period. This works out at a gross yield of 14.5% working out at an approximate nett yield of 9%.
The block is managed and demand from students has always been popular so if you’re looking to invest some money at a good return then look no further!
Viewings by appointment only.
Property info
For more information about this property, please contact
Bridgfords - Withington Sales, M20 on +44 161 937 6652 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bridgfords - Withington Sales, and do not constitute property particulars. Please contact Bridgfords - Withington Sales 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.