Summary -
Apartment 1208,Westpoint, 501 Chester Road,Old Trafford,MANCHESTER,M16 9QY
M16 9QY
1 bed 1 bath Apartment
High-yield, low-maintenance city flat with on-site amenities and bills included.
Cash buyers only, no mortgage finance accepted
A compact one-bedroom apartment in Westpoint, Old Trafford, offering immediate income potential for cash buyers. The flat is open-plan with smart, modern finishes, large windows and built-in bedroom storage that maximise the 435 sq ft layout. On-site amenities include a gym, residents’ lounge, laundry, and a co-working space — useful for tenants or owner-occupiers.
This lot suits investors seeking strong net rental returns (advertised 10.9%–11.4% yield) and offers immediate let income. Bills for electricity, water and broadband are included in the service charge, simplifying management and improving appeal to tenants. The lease has 243 years remaining, so long-term ownership is straightforward.
Be clear about the negatives: purchases are cash buyers only, the annual service charge is around £3,180 and there is a £250 ground rent — these raise ongoing holding costs. The apartment is in an area classified as very deprived, which affects local market dynamics despite good transport links and nearby regeneration projects. The flat is small and best suited to single professionals or as a rental investment rather than a family home.
1 bedroom apartment for sale in Westpoint, Old Trafford, M16 — £105,000 • 1 bed • 1 bath • 435 ft²
2 bedroom flat for sale in Caminada House, Hulme, Manchester City Centre, M15 — £140,000 • 2 bed • 2 bath • 777 ft²
1 bedroom apartment for sale in Manchester Property Investment, M16 — £170,000 • 1 bed • 1 bath
1 bedroom apartment for sale in Manchester Property Investment, M16 — £175,000 • 1 bed • 1 bath
1 bedroom apartment for sale in Westpoint, 501 Chester Road, Old Trafford, M16 — £115,000 • 1 bed • 1 bath
1 bedroom apartment for sale in Chester Road, Manchester, M16 — £163,000 • 1 bed • 1 bath
