Summary - APARTMENT 914, WEST POINT, 501, CHESTER ROAD M16 9QX
1 bed 1 bath Apartment
High-floor, fully managed one-bedroom producing strong net yield for hands-off investors.
- Tenant in situ; immediate rental income
- Advertised net yield above 8% (verify breakdown)
- Fully managed — low landlord involvement
- 11th-floor position with far-reaching city views
- Built 2019; newly renovated interior and fittings
- Residents' gym, 24-hour concierge, communal lounge
- Tenure listed as unknown — verify legal status
- Located in a very deprived area; affects growth risk
A straightforward investment proposition: a newly renovated one-bedroom on the 11th floor with far-reaching city views and a tenant in situ. The property is fully managed, producing the advertised net yield above 8% from completion, making it suitable for buy-and-hold investors seeking immediate income.
The apartment was built in 2019 and benefits from modern finishes, a fitted kitchen, built-in bedroom wardrobes and a contemporary shower room. Residents' amenities include a gym, 24-hour concierge, communal lounge with remote-working facilities and on-site off-street parking — useful for tenant attraction and retention.
Important practical points: tenure is recorded as unknown in the provided details and purchasers should verify this and all financials before exchange. The property sits in a very deprived area, which can affect capital growth and tenant mix despite being only about a mile from Manchester city centre. Broadband speeds are average; mobile signal is excellent.
This is a hands-off income play: fully managed with a tenant in place. Buyers should check the full rent roll, service charges, management terms and confirmation of the tenure to confirm the advertised net yield and ongoing costs.
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