Luxury 3-bed student apartment in Deansgate with onsite management and projected 6% yield.
Projected 6% rental yield advertised
A contemporary three-bedroom, three-bathroom apartment in the new Deansgate Quay development, designed for high-demand student rental in central Manchester. The scheme advertises luxury fixtures, high ceilings and generous open-plan living, with extensive onsite amenities and an onsite rental management company for a largely hands-off investment.
Marketed with a projected 6% yield, this unit targets investors seeking predictable student income in a major conurbation close to transport, shops and leisure. The developer is established and the build is new, which should minimise immediate maintenance and offer modern compliance and specification.
Buyers should note material drawbacks: the property’s tenure is not stated, total floor area is not provided, and the wider area is classified as deprived despite very low crime. The apartment is best suited to the student market; owner-occupiers seeking a family home or long-term neighbourhood quietness may find this location less appropriate.
This is a straightforward proposition for an investor focused on Manchester student accommodation: modern product, strong demand indicators and onsite management reduce hands-on responsibilities, but confirm tenure, full service charges, and the detailed financial pack before committing.
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