1 bedroom apartment for sale

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1 bedroom apartment for sale

West Point, 501 Chester Road, Old Trafford, M16 9QX
£85,000

Our Summary

  • As one of the UK’s fastest-growing regional cities, it offers outstanding long-term investment potential so don't miss out on this exciting opportunity and enquire today

Description

This 11th floor one-bedroom apartment in Westpoint, Manchester, is a fantastic hands-off investment opportunity yielding over 8% net of all fees. The property features a modern finish throughout, including a fully equipped kitchen, spacious open-plan living area with far-reaching city views, and a sleek shower room. The development offers a range of amenities, including a state-of-the-art gym, 24-hour concierge service, on-site parking, and a communal residents' lounge. Manchester is a thriving city with a strong economy, excellent transport links, and a vibrant business environment, making it an attractive long-term investment opportunity. The property is available for investment, with a gross rent of £14,040 and a net income of £8,293, resulting in a gross yield of 16.52% and a net yield of 9.76%.