Flat for sale in Victoria House, Great Ancoats St M4

Victoria House, Great Ancoats St, M4 7Db

Yieldit are delighted to offer for sale this stunning one-bedroom city centre apartment. Victoria House is one of the latest additions to Manchester's skyline and completed just this year, providing the ultimate city centre living experience being within walking distance to everything this exciting city has to offer. Luxurious onsite amenities are available for residents including a state of the art gym, residents lounge, rooftop terrace, communal gardens and co-working spaces.

Positioned on the 10th floor with floor to ceiling windows providing a tonne of natural light and views of the city and furniture pack included this property will make a welcomed addition to an investment portfolio. Currently tenanted for £1200pcm with experienced agent in place and ever-increasing demand for luxurious accommodation and rising rents, this is an opportunity not to be missed.

Victoria House sits in a prime position of Manchester's diverse and thriving city centre close to Ancoats Marina and the Northern Quarter. Just a short walk from an abundance of shops, restaurants, bars, clubs and plenty of other attractions. Piccadilly Station is just a two-minute walk and several University campuses are also within walking distance.

Manchester is a fantastic city to invest in property, according to Colliers’ latest edition of its UK’s Top UK Residential Investment Cities report the city has had a record house price growth of 33% during the last five years, far outstripping the report’s 20-city average of 15%. Sharp increases are attributed to the significant transformation and a huge number of large corporations making the city their home which has encouraged growth at a rapid rate.

Financial Breakdown

Gross Rent: £14,400.00
Net income: £11,580.48
Gross yield: 6.26%
Net yield: 5.03%
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-07905