Summary - Apartment 112, Westpoint, 501 Chester Road, Old Trafford M16 9QL
1 bed 1 bath Apartment
**Property Highlights:**
- Studio apartment in West Point development
- Leasehold with 226 years remaining
- Currently let until August 2024 at £737/month, yielding 8.4%
- Modern amenities: concierge, gym, co-working spaces, resident lounge
- Excellent mobile signal and average broadband speeds
- Service charge £1,458.52/year, including utilities
- Ground rent £250/year
- EWS1 certificate available
This modern studio apartment in the sought-after West Point development presents an attractive investment opportunity for cash buyers. With a compact and efficient layout, the open-plan living area is flooded with natural light from large windows, creating a cozy yet functional space. This apartment is currently rented, providing a steady income of £8,844 annually, secured until August 2024.
Located on Chester Road, just a five-minute walk from the Trafford Bar Metrolink, residents enjoy easy access to the City Centre and Media City, along with local amenities within reach. Onsite features such as a concierge, gym, and collaborative workspaces add lifestyle appeal for tenants, making this a prime choice for investors.
While the property offers considerable advantages, prospective buyers should note the average service charge and the property’s location within an area described as deprived, which may influence long-term value appreciation. The nearby schools assure family-friendly surroundings, contributing to the investment's attractiveness, particularly to urban renting families. Don’t miss this opportunity to secure a solid income-generating asset in a thriving area—schedule a viewing today!
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