Summary - John William Street, Manchester, M30 M30 0EH
1 bed 1 bath Flat
Buy-to-let with long-term tenant and immediate rental income in central Manchester.
- Currently let long-term with tenant intending to remain
- Annual gross income £10,200; market potential £11,400
- Approx. 441 sq ft one-bedroom flat, compact layout
- Well maintained; open-plan living room and kitchen
- Leasehold tenure — check lease length and charges
- Area classified as very deprived / hard-pressed flat dwellers
- Buyers Premium applies to secure the property
- Excellent mobile signal and fast broadband speeds
A straightforward buy-to-let positioned for investors seeking immediate income. The one-bedroom flat is currently let long-term and produces a ready gross rental income, offering predictable cashflow from day one. The tenant has lived in the property for several years and intends to remain, so the purchase delivers low void risk.
The apartment is well maintained with an open-plan living room and kitchen, average ceiling heights and modern industrial brick exterior. At 441 sq ft the accommodation is compact but practical for the local rental market. Broadband speeds are fast and mobile signal is excellent — useful for tenant demand in this area.
Key investment metrics are clear: the current annual gross income is £10,200 (approx. 8.5% gross yield at the £120,000 asking price) with a realistic relet potential of £11,400 (approx. 9.5% gross). Important considerations: the property is leasehold, located in an area classified as very deprived/hard-pressed, and a Buyers Premium will apply to secure the purchase. These factors affect total holding costs and resale prospects.
This is suited to investors or developers comfortable with inner-city stock and a hands-off, tenanted position. For detailed tenancy and financial information refer to the Let Property Pack before bidding or offers. Any purchaser should also factor in lease terms, service charges and local market dynamics when assessing net yield and exit plans.
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