The Bank, King Street, Manchester M328AE
Size: 46 sqm
Purchase price
£140,000
Size: 46 sqm
Tenanted
Gross rent | £9,000 |
Ground rent | £240 |
Service charge | £770 |
Net income | £7,990 |
Gross yield | 6.43% |
Net yield | 5.71% |
yieldit are pleased to bring to the market the opportunity to purchase two luxury one-bedroom apartments in very recently completed The Bank development with fantastic NET yields above 5% with scope to increase. Located on the top (second) floor of the development, each compromises an open plan living area with high-quality fitted kitchen and integrated appliances; shower room and carpeted double bedroom.
The Bank is one of the only remaining original historic buildings in Stretford town centre and has been tastefully transformed into thirteen stylish 1 and 2 bedroom beautifully finished apartments across three levels. It has proved very popular on the rental market since completion due to it’s desirable location, being the perfect base for a short commute into Manchester City centre.
The development will benefit significantly from the ambitious regeneration project which is currently taking place in Streford. The multi-million-pound plans will revitalise Stetford Mall, the town centre, bring new shops, a new public square, a new park and create valuable open green spaces for people to gather and interact. There are also plans for new waterfront bars and restaurants along the Bridgewater Canal to create a new waterfront destination. Don’t miss out on this opportunity to invest and enquire today.
ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS LUXURY APARTMENT YIELDING ABOVE 5.7% NET! Top floor one bedroom apartment with stylish kitchen and bathroom within easy reach of Manchester city centre.
Interested in this property? Enquire today for more information
Key features
Generate instant income
NET yield above 5.7%
Beautifully presented apartment
One double bedroom
Dressing room
Open plan living area
High quality kitchen
Luxurious shower room
Excellent location
Within easy reach of Manchester city centre
ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS LUXURY APARTMENT YIELDING ABOVE 5.7% NET! Top floor one bedroom apartment with stylish kitchen and bathroom within easy reach of Manchester city centre. More info... Less info...
yieldit are pleased to bring to the market the opportunity to purchase two luxury one-bedroom apartments in very recently completed The Bank development with fantastic NET yields above 5% with scope to increase. Located on the top (second) floor of the development, each compromises an open plan living area with high-quality fitted kitchen and integrated appliances; shower room and carpeted double bedroom.
The Bank is one of the only remaining original historic buildings in Stretford town centre and has been tastefully transformed into thirteen stylish 1 and 2 bedroom beautifully finished apartments across three levels. It has proved very popular on the rental market since completion due to it’s desirable location, being the perfect base for a short commute into Manchester City centre.
The development will benefit significantly from the ambitious regeneration project which is currently taking place in Streford. The multi-million-pound plans will revitalise Stetford Mall, the town centre, bring new shops, a new public square, a new park and create valuable open green spaces for people to gather and interact. There are also plans for new waterfront bars and restaurants along the Bridgewater Canal to create a new waterfront destination. Don’t miss out on this opportunity to invest and enquire today.
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
Gross rent | £9,000 |
Ground rent | £240 |
Service charge | £770 |
Net income | £7,990 |
Gross yield | 6.43% |
Net yield | 5.71% |
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
Not to worry though, the Professor has picked out some similar properties that you might be interested in
X1 The Exchange, 81 Elmira Way, Salford, Manchester, M5 3NQ
Annual rent | £10,950 |
Net yield | 6.44% |
Eldroth Avenue, Wythenshawe, Manchester, M22 9AS
Annual rent | £13,800 |
Net yield | 6.05% |
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yieldit is a company registered in England and Wales. Registered number: 11547318.
© 2022 yieldit | Privacy Policy | Terms & Conditions | Complaints Procedure
yieldit is a company registered in England and Wales. Registered number: 5236745.