1 bedroom flat for sale

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1 bedroom flat for sale

Hyde Grove, Manchester, Greater Manchester M13
£110,000

Our Summary

  • 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

Description

This ready-made investment opportunity is situated in the heart of M13, close to Manchester University Campus and excellent commuter links to Manchester City Centre. The purpose-built student accommodation block, built in 2005, offers a self-contained one-bedroom studio apartment with an open-plan living room/kitchen, shower room, and communal facilities including a common room, launderette, and bike storage. The flat is currently tenanted for the academic year at £11,526 per annum and has already been let for 2025/2026 at £13,056 per annum, providing a net profit of £6,881.57 and a yield of 6.2%. The block is fully managed and has a high demand from students, making it an excellent investment opportunity for those looking for a good return. Viewings are by appointment only.