1 bedroom apartment

NQ4 Building, Manchester, M4 6AF

Size: 38 sqm

Purchase price

£145,000

Size: 38 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £8,400
Ground rent £350
Service charge £955
Lettings fees £806
Net income £6,289
Gross yield 5.79%
Net yield 4.34%

CITY CENTRE INVESTMENT OPPORTUNITY WITH A 4.34% NET YIELD!! A 1-bedroom apartment in Manchester's Ancoats area in the highly sought after NQ4 building!


This stunning apartment is situated on the 3rd floor of the incredibly popular NQ4 building. Offered fully furnished to a high standard, this apartment comprises of an open-plan living/dining area with a fitted kitchen; 1 generously sized double bedroom; and a family bathroom, complete with 3-piece suite and a shower over the bath. This apartment has a bright and modern decor throughout and is flooded with natural light due to its large windows.

Located in Manchester’s Ancoats area, with the city centre on its doorstep, NQ4 is in a truly unbeatable location. The entirety of Manchester city centre and beyond is within easy reach from this property with both Manchester Piccadilly and Victoria train/Metrolink stations being only a 15 minute walk away. There certainly isn’t a shortage of things to do in the city centre either with countless shops, bars and restaurants within walking distance from this property. Manchester is renowned for its range of entertainment, rich history and culture with an abundance of cinemas, live music venues, comedy clubs, theatres and museums - it’s easy to see why Manchester is one of the fastest growing cities in Europe.

Manchester’s high rental yields, growing demand and capital growth are just a few of the reasons why it has earned its title as one of the UK’s best buy-to-let hotspots. Between July 2017 and July 2018, property prices in Manchester rose by 5.6% and are expected to have risen a further 18.1% by 2022.

Interested in this property? Enquire today for more information

Key features

Key features

NET yield of 4.34%

Key features

Tenanted for immediate income

Key features

1-bedroom apartment

Key features

Fully furnished

Key features

Fitted kitchen

Key features

Incredibly popular development

Key features

Excellent transport links

Key features

Shops and amenities nearby

Key features

15 minute walk to Manchester Victoria & Piccadilly

Key features

City centre location

CITY CENTRE INVESTMENT OPPORTUNITY WITH A 4.34% NET YIELD!! A 1-bedroom apartment in Manchester's Ancoats area in the highly sought after NQ4 building! More info...

This stunning apartment is situated on the 3rd floor of the incredibly popular NQ4 building. Offered fully furnished to a high standard, this apartment comprises of an open-plan living/dining area with a fitted kitchen; 1 generously sized double bedroom; and a family bathroom, complete with 3-piece suite and a shower over the bath. This apartment has a bright and modern decor throughout and is flooded with natural light due to its large windows.

Located in Manchester’s Ancoats area, with the city centre on its doorstep, NQ4 is in a truly unbeatable location. The entirety of Manchester city centre and beyond is within easy reach from this property with both Manchester Piccadilly and Victoria train/Metrolink stations being only a 15 minute walk away. There certainly isn’t a shortage of things to do in the city centre either with countless shops, bars and restaurants within walking distance from this property. Manchester is renowned for its range of entertainment, rich history and culture with an abundance of cinemas, live music venues, comedy clubs, theatres and museums - it’s easy to see why Manchester is one of the fastest growing cities in Europe.

Manchester’s high rental yields, growing demand and capital growth are just a few of the reasons why it has earned its title as one of the UK’s best buy-to-let hotspots. Between July 2017 and July 2018, property prices in Manchester rose by 5.6% and are expected to have risen a further 18.1% by 2022.

  • Key features
    Tick Desktop NET yield of 4.34%
    Tick Desktop Tenanted for immediate income
    Tick Desktop 1-bedroom apartment
    Tick Desktop Fully furnished
    Tick Desktop Fitted kitchen
    Tick Desktop Incredibly popular development
    Tick Desktop Excellent transport links
    Tick Desktop Shops and amenities nearby
    Tick Desktop 15 minute walk to Manchester Victoria & Piccadilly
    Tick Desktop City centre location
  • LocationLocation

*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 £8,400
Ground rent £350
Service charge £955
Lettings fees £806
Net income £6,289
Gross yield 5.79%
Net yield 4.34%

*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.