2 bedroom apartment for sale

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2 bedroom apartment for sale

Halo House, 27 Simpson Street, Manchester M4 4GB
£250,000

Our Summary

  • yieldit are delighted to introduce to the market this incredible investment opportunity producing an impressive return of 6% NET
  • Impeccably placed in the heart of the NOMA neighbourhood at the northern gateway to the city centre, this is the perfect location to invest with the billion-pound NOMA regeneration scheme providing a huge selection of new offices, shops, public areas and unrivalled amenities ensuring consistently high rental demand, impressive returns and excellent scope for capital appreciation
  • This is an investment opportunity not to be missed, with Halo being one of the very few developments in the city centre permitting short term lets which can dramatically improve the return and make for an extremely lucrative investment

Description

This luxurious second-floor apartment in the heart of Manchester's NOMA neighborhood is an incredible investment opportunity, producing a 6% NET return. Located in the Halo House development, the apartment features a spacious open-plan living area, two double bedrooms, an en-suite master bedroom, and a balcony. With a desirable underground, gated, and secure allocated parking space, this property is perfect for those who want to take advantage of the city's vibrant and cosmopolitan atmosphere. The apartment is situated close to the iconic Northern Quarter, Deansgate, Spinningfields, and Arndale Shopping Centre, with the Metrolink, Victoria, and Piccadilly stations within walking distance. With Halo being one of the few developments in the city centre that permits short-term lets, this property has the potential to generate a significant income. The gross rent is £16,800, with a net income of £15,031.95, making this an investment opportunity not to be missed.
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