Complete with an on-site gym for private resident use, the four storey complex at Chapel Street comprises of 109 double en-suite rooms, free Wi-Fi and excellent communal facilities.
The award-winning X1 Lettings currently let and manage development, removing the complications which come with managing a property yourself.
Close to Universities and great transport links. Manchester City Centre just a short distance away. This apartment is currently tenanted for immediate income.
Gross rent: £6,885 Ground rent: £250 Service charge: £1,949 Lettings fees: £622 Net income: £4,064 Gross yield: 14.34% Net yield: 8.47%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period. These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
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Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.