1 bedroom apartment

The Bank, King Street, Manchester M328AE

Size: 46 sqm

Purchase price

£150,000

Size: 46 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,000
Ground rent £240
Service charge £770
Net income £7,990
Gross yield 6%
Net yield 5.33%

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% 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

Key features

Generate instant income

Key features

NET yield above 5%

Key features

Beautifully presented apartment

Key features

One double bedroom

Key features

Dressing room

Key features

Open plan living area

Key features

High quality kitchen

Key features

Luxurious shower room

Key features

Excellent location

Key features

Within easy reach of Manchester city centre

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS LUXURY APARTMENT YIELDING ABOVE 5% NET! Top floor one bedroom apartment with stylish kitchen and bathroom within easy reach of Manchester city centre. More 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.

  • Key features
    Tick Desktop Generate instant income
    Tick Desktop NET yield above 5%
    Tick Desktop Beautifully presented apartment
    Tick Desktop One double bedroom
    Tick Desktop Dressing room
    Tick Desktop Open plan living area
    Tick Desktop High quality kitchen
    Tick Desktop Luxurious shower room
    Tick Desktop Excellent location
    Tick Desktop Within easy reach of Manchester city centre
  • 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 £9,000
Ground rent £240
Service charge £770
Net income £7,990
Gross yield 6%
Net yield 5.33%

*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.