1 bedroom apartment

Barrel Yard, Manchester, M15 5PH

Size: 52 sqm

Purchase price

£140,000

Size: 52 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,300
Ground rent £350
Service charge £652
Lettings fees £893
Net income £7,405
Gross yield 6.64%
Net yield 5.29%

AN AMAZING INVESTMENT OPPORTUNITY IN THE HIGHLY POPULAR BARREL YARD DEVELOPMENT ONLY MINUTES AWAY FROM MANCHESTER CITY CENTRE!! With a NET yield of 5.29%, this property is sure to sell fast so enquire today!!


This luxurious 1-bedroom apartment is situated on the ground floor of the incredibly popular Barrel Yard development. Newly completed in 2018, this apartment comes with an allocated parking space and is fully furnished to the highest standard, comprising of a bright and spacious living area with a modern fitted kitchen, a large double bedroom and a bathroom with a 3-piece suite. This development provides attractive, sustainable homes for those who want to live close to the city centre but desire a quiet, secure environment; perfect for young professionals working in the city!

Barrel Yard is located in South Manchester, just minutes away from the exciting city centre. The development benefits from local public transport as well as being a short drive from the city centre, where residents can enjoy all the retail, recreation and cultural amenities that Manchester has to offer. Furthermore, trendy local areas such as Chorlton and Didsbury are only a short drive away from Barrel Yard. Manchester also offers easy access to the UK’s major cities and business centres due to its expansive motorway network. The M6 Northbound links Manchester to the Lake District, Carlisle and Scotland, while the M6 Southbound links the city region to Birmingham, Bristol, Wales and London.

Manchester is currently known as an incredible buy to let hotspot with prices rising at the fastest rate in the UK, beating even the London figure, according to the Nationwide house price index. This is further reflected in the postcode area specifically of the development, which has seen a 30% increase in the last 5 years! (Zoopla – October 2018). With a population of 2.5 million and a workforce of 1.2 million, Greater Manchester is the economic powerhouse of the North West, contributing a massive £28 billion to the region’s GDP. There are no signs that Manchester is slowing down so invest today!!

Interested in this property? Enquire today for more information

Key features

Key features

NET yield of 4.78%

Key features

Tenanted for immediate income

Key features

Sought-after development

Key features

Allocated parking space

Key features

1.5 miles away from Manchester city centre

Key features

1-bedroom apartment

Key features

Fully furnished

Key features

Fitted kitchen

Key features

Communal garden

Key features

Secure access

AN AMAZING INVESTMENT OPPORTUNITY IN THE HIGHLY POPULAR BARREL YARD DEVELOPMENT ONLY MINUTES AWAY FROM MANCHESTER CITY CENTRE!! With a NET yield of 5.29%, this property is sure to sell fast so enquire today!! More info...

This luxurious 1-bedroom apartment is situated on the ground floor of the incredibly popular Barrel Yard development. Newly completed in 2018, this apartment comes with an allocated parking space and is fully furnished to the highest standard, comprising of a bright and spacious living area with a modern fitted kitchen, a large double bedroom and a bathroom with a 3-piece suite. This development provides attractive, sustainable homes for those who want to live close to the city centre but desire a quiet, secure environment; perfect for young professionals working in the city!

Barrel Yard is located in South Manchester, just minutes away from the exciting city centre. The development benefits from local public transport as well as being a short drive from the city centre, where residents can enjoy all the retail, recreation and cultural amenities that Manchester has to offer. Furthermore, trendy local areas such as Chorlton and Didsbury are only a short drive away from Barrel Yard. Manchester also offers easy access to the UK’s major cities and business centres due to its expansive motorway network. The M6 Northbound links Manchester to the Lake District, Carlisle and Scotland, while the M6 Southbound links the city region to Birmingham, Bristol, Wales and London.

Manchester is currently known as an incredible buy to let hotspot with prices rising at the fastest rate in the UK, beating even the London figure, according to the Nationwide house price index. This is further reflected in the postcode area specifically of the development, which has seen a 30% increase in the last 5 years! (Zoopla – October 2018). With a population of 2.5 million and a workforce of 1.2 million, Greater Manchester is the economic powerhouse of the North West, contributing a massive £28 billion to the region’s GDP. There are no signs that Manchester is slowing down so invest today!!

  • Key features
    Tick Desktop NET yield of 4.78%
    Tick Desktop Tenanted for immediate income
    Tick Desktop Sought-after development
    Tick Desktop Allocated parking space
    Tick Desktop 1.5 miles away from Manchester city centre
    Tick Desktop 1-bedroom apartment
    Tick Desktop Fully furnished
    Tick Desktop Fitted kitchen
    Tick Desktop Communal garden
    Tick Desktop Secure access
  • LocationLocation
  • EPCEPC

*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.

Breakdown
Financial performance*
Gross rent £9,300
Ground rent £350
Service charge £652
Lettings fees £893
Net income £7,405
Gross yield 6.64%
Net yield 5.29%

*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.