Studio flat for sale

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Studio flat for sale

Westpoint, Chester Road, Old Trafford
£95,000

Our Summary

  • *Investment opportunity for a cash buyer

Description

This investment opportunity is a well-presented studio apartment located on Chester Road, just a stone's throw away from Central Manchester. The apartment is compact yet comfortable, with stunning views over the nearby greenery, and features a fitted kitchen, fitted wardrobes, and a well-presented shower room. The property benefits from on-site facilities including a concierge, lounge, and resident-only gym. Currently generating £819 per month, including bills, which gives a 9.82% gross yield, projected to increase to £900 per month from September 24. With a lease of 250 years from February 2019, and a net yield of 7.57%, this property presents an attractive investment opportunity for a cash buyer.
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