High-yield two-bed with rent assurance and prime amenities, ideal for student rental investors..
6% net rental yield with three-year rent assurance
Floor-to-ceiling windows; bright open-plan living
On-site cinema, gym and concierge service
61 sqm / 657 sq ft internal area, two beds two baths
Ground-floor position in new four-tower development
Leasehold with 990 years remaining
Located in a cosmopolitan student neighbourhood — higher tenant turnover
Very slow broadband speeds; consider upgrade costs
A purpose-built two-bedroom, two-bathroom apartment in a striking new development on Broadway, offering immediate rental income with a 6% net yield and a three-year rent-assured contract. Floor-to-ceiling windows and an open-plan living area maximise natural light across the 61 sqm (657 sq ft) internal area, while on-site amenities — cinema, gym and concierge — strengthen tenant appeal.
This ground-floor unit suits investors targeting the nearby student and rental markets; excellent transport links and proximity to MediaCityUK and central Manchester support steady demand. The long lease (990 years) removes short-lease risk common to new developments, and the mixed-use scheme provides local cafés, retail and office footfall.
Buyers should note material downsides: the property is leasehold, located in an area classified as deprived and a cosmopolitan student neighbourhood, which can mean higher churn and local noise. Broadband speeds are reported very slow — potentially limiting for some tenants — and the apartment will suit those prepared to accept student-market dynamics rather than a quiet family home.
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