New-build 1-bed with management and strong projected returns close to Spinningfields.
Projected 6% rental return with on-site rental management
This one-bedroom, new-build apartment in M5 presents a clear buy-to-let proposition: an on-site rental management company, a projected 6% rental return and a developer forecast of strong capital growth make it attractive to investors seeking hands-off income. Large windows and contemporary finishes create a light, modern living space that appeals to city professionals and students.
Location is a strength — about 900m from Spinningfields and close to Oxford Road station, with fast broadband, excellent mobile signal and very low local crime. The development is completed and furnished to a high standard with integrated kitchens and premium flooring, making it immediately lettable.
Buyers should note material considerations before viewing. The wider area is classified as very deprived and primarily a cosmopolitan student neighbourhood, which can affect tenant profiles and long-term owner-occupier demand. Tenure is not specified; this is important for mortgageability and running costs and should be confirmed. Floor area and service charge details are not provided and will influence net yields.
Overall, the apartment suits investors looking for a central, professionally managed rental with near-term income and growth potential. Owner-occupiers seeking a long-term family home should consider the local area profile and request full tenure and cost information before proceeding.