Turnkey rented one-bed offering steady city-centre income and uplift potential.
Long-term tenant in situ, producing £11,100 gross annually
A ready-made buy-to-let in a central Manchester location, this one-bedroom apartment currently produces a reliable gross income of £11,100 per year. The tenant has been in situ for several years and intends to remain, offering immediate cashflow for a new owner. A Let Property Pack provides full rental and tenancy detail.
The apartment is presented in good condition with an open-plan lounge and kitchen, one double bedroom and a three-piece bathroom across approximately 530 sq ft. The building is a modern mixed-use block on a busy street close to the university and many local amenities, giving strong rental appeal to students and city professionals.
Important transactional notes: sale is cash-only and a Buyers Premium applies to secure the purchase. The property sits in a very deprived area which can affect long-term capital growth and management requirements; prospective buyers should review the tenancy pack and factor management costs.
With 128 years remaining on the lease and fast broadband and excellent mobile signal, this is a straightforward acquisition for investors seeking immediate yield and minimal refurbishment. Rental uplift to market rate is achievable, offering scope to increase income after purchase.