1 bed flat

This one-bedroom apartment is located on the upper floor of X1 The Plaza, a modern development in the heart of Manchester. The property is currently tenanted, generating a strong rental income of £1,050 per month, making it an ideal investment opportunity. The apartment is fully furnished and comes with a private balcony, as well as access to an on-site gym.

The development is situated in the vibrant Ancoats area, within walking distance to Manchester City Centre, and has convenient transport links to the Northern Quarter, Piccadilly Train Station, and New Islington tram stop. The property has a gross yield of 9.0% and a net yield of 6.4% after management, service charge, and ground rent. The lease has 231 years remaining, and the ground rent is £350 per annum, subject to increase as per the head lease.