High-yield city rental with immediate income and low tenant turnover.
Gross annual income £14,400 from long-term tenant in situ
A compact two-bedroom leasehold flat in Joiner Street, Manchester, presented as a buy-to-let with a long-standing tenant in situ. The property produces a current gross income of £14,400 per year and sits in a busy, amenity-rich part of the city, making it straightforward to let to students or professionals.
The flat is offered for cash purchase only and comes with a Buyers Premium payable on exchange. It is in good general condition and benefits from fast broadband, excellent mobile signal and very low local crime — practical strengths for continuing rental occupation. The living room images show some clutter and light wear; the property will require basic cleaning and cosmetic refresh to maximise appeal.
This is a straightforward income-led purchase for investors seeking immediate rent roll. Tenants have a long tenancy history and report no intention to vacate, so the sale offers instant rental continuity. Note the tenure is leasehold—buyers should review the lease length and service charges in the Let Property Pack prior to purchase.
Key constraints are a cash-only requirement and the Buyers Premium, which affect purchase costs and financing options. For investors focused on yield and low-management risk in a central Manchester location, this represents a clear, easily reviewed addition to a portfolio.