Summary - THE GALLERY, 347 APARTMENT 45 MOSS LANE EAST MANCHESTER M14 4LB
3 bed 1 bath Flat
Three-bedroom yield opportunity in a student-focused, well-connected area.
Long-term tenant in situ, producing £14,400 gross annually
A straightforward buy-to-let in Moss Lane East, currently producing a stable gross income of £14,400 per year. The three-bedroom layout, spacious lounge and modern kitchen suit long-term tenants and makes this a hands-off addition to a rental portfolio.
The block is contemporary with large windows and appears well maintained. Practical benefits include fast broadband, excellent mobile signal and very low local crime. The property comes with 99 years remaining on the lease and no flood risk.
Investors should note the building sits in a multicultural, student-dominated neighbourhood and the wider area is classified as very deprived; this can mean higher tenant turnover and management needs in different market conditions. The flat has one bathroom for three bedrooms and is sold with long-term tenants in situ — a Buyers Premium will apply on sale as part of the transaction terms.
Overall this is a high-yield opportunity (approximately 9% gross yield) for buyers seeking immediate rental income. It suits investors who want an occupied property with minimal initial refurbishment, but who understand the local market dynamics and potential management responsibilities.
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