1 bedroom apartment for sale

Landcross House, Landcross Road, Manchester, M14 6LZ

Full description

Size: 22 sqm

Fabulous unique studio investment opportunity in the heart of Fallowfield. Tenanted for immediate income to September 2019 more info...

We are pleased to present this great investment opportunity, originally a hotel, Landcross House. The development now provides luxury accommodation with FREE parking. The apartment is situated on the ground floor and offered fully furnished.

Landcross House is situated in the perfect location to attract both working professionals and students, as it offers easy access into the city and is local to all amenities.

The University of Manchester Fallowfield Campus is only 0.2 miles away, as well as great transport routes with bus stops on the doorstep. The combination of affordable luxury accommodation and proximity to all amenities makes for no surprise that this has become an extremely popular accommodation choice.

Fallowfield is an excellent choice for investment, the area is thriving and busy and attracts professionals and students from all over the UK. The area has excellent transport links, with ‘the busiest bus route in Europe’ providing public transport every couple of minutes into town until the early hours increasing the attraction of the area for most.

As well as the growing demand in the area, the house prices are also increasing! With an increase in prices of over £50,000 in the last 5 years alone and still growing (Zoopla – September 2018), it is easy to see why the area has become so popular with investments such as Landcross House.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Less info

Key features

Key features Tenanted to September 2019 for immediate income
Key features Fantastic transport routes
Key features Close to all local amenities
Key features Luxury development
Key features Offers free parking

EPC

Professor STC

Financial Performance*

Purchase price £78,000
Gross rent £6,000
Ground rent £175
Service charge £878
Lettings fees £540
Net income £4,407
Gross yield 8.11%
Net yield 5.96%

*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.

1 bedroom apartment for sale

Landcross House, Landcross Road, Manchester, M14 6LZ, Fallowfield

SSTC

Purchase price £78,000
Gross rent £6,000
Ground rent £175
Service charge £878
Lettings fees £540
Net income £4,407
Gross yield 8.11%
Net yield 5.96%

Full description

Fabulous unique studio investment opportunity in the heart of Fallowfield. Tenanted for immediate income to September 2019 more info...

We are pleased to present this great investment opportunity, originally a hotel, Landcross House. The development now provides luxury accommodation with FREE parking. The apartment is situated on the ground floor and offered fully furnished.

Landcross House is situated in the perfect location to attract both working professionals and students, as it offers easy access into the city and is local to all amenities.

The University of Manchester Fallowfield Campus is only 0.2 miles away, as well as great transport routes with bus stops on the doorstep. The combination of affordable luxury accommodation and proximity to all amenities makes for no surprise that this has become an extremely popular accommodation choice.

Fallowfield is an excellent choice for investment, the area is thriving and busy and attracts professionals and students from all over the UK. The area has excellent transport links, with ‘the busiest bus route in Europe’ providing public transport every couple of minutes into town until the early hours increasing the attraction of the area for most.

As well as the growing demand in the area, the house prices are also increasing! With an increase in prices of over £50,000 in the last 5 years alone and still growing (Zoopla – September 2018), it is easy to see why the area has become so popular with investments such as Landcross House.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Key features

TicksTenanted to September 2019 for immediate income
TicksFantastic transport routes
TicksClose to all local amenities
TicksLuxury development
TicksOffers free parking

Amenities

Bus Bus
City Centre City Centre
Close To Public Transport Close To Public Transport
Fitted Kitchen Fitted Kitchen

EPC

*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.