Summary - Apartment D9 Q3 Apartments, Hyde Grove M13 9LQ
1 bed 1 bath Flat
Chain-free one-bed investment near Manchester University with contracted student income and strong demand..
Purpose-built student block, built 2005
A compact, ready-made investment close to Manchester University, currently let to students and offered chain free. The one-bedroom apartment (approx. 302 sq ft) sits in a purpose-built 2005 block with communal lounge, launderette and bike storage—features that keep demand strong in this cosmopolitan student neighbourhood.
Rent is already contracted for the current and next academic years, producing an annual income of £11,526 this year and £13,056 for 2025/26. After service charge and management fees of £4,644.43 the current net income is approx. £6,881.57, giving a 6.2% yield now and a projected 7.6% yield on next year’s contracted rent.
Buyers should note material drawbacks: the flat is very small (302 sq ft), heating is electric room heaters rather than gas central heating, broadband speeds are slow, and the wider area scores as deprived. Service charge is above average and gated parking is offered separately at additional cost. Tenure is not specified in the particulars and should be confirmed before exchange.
Overall this is a pragmatic, hands-off investment for buyers targeting the student lettings market—good rental history and block management balance the apartment’s compact size and running-cost considerations.
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