Summary - 7 Constance Street, Knott Mill, Manchester, M15 4JQ LE2 7DP
1 bed 1 bath Studio
Fully managed, tenanted investment close to university campus.
High net rental yield around 9% (c.8.5% reported)
A compact, purpose-built student studio with a long lease and proven income, positioned metres from De Montfort University. The unit is tenanted for the new academic year at £188 per week (46 weeks), providing a reliable, hands-off income stream and high net rental yield for investors.
The property benefits from full management, secure entry, bike storage, on-site laundry and communal lounges — features that support strong occupancy and low landlord involvement. Primus Place’s location gives quick pedestrian access to campus, local amenities and both major universities in under 15 minutes.
Costs and constraints are clear: an annual service charge of £2,024 and ground rent of £284 reduce headline returns, and the apartment is a compact studio built for single occupancy. The investment suits buyers seeking an established student-let with immediate income rather than a family home or primary residence.
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