1 bed flat for sale

Hyde Grove, Manchester, Greater Manchester M13

Offered to the market with no onward vendor chain is this excellent ready-made investment opportunity situated in the heart of M13, close to Manchester University Campus.

The site sits close to excellent commuter links into Manchester City Centre and is close by to a wide range of every day amenities.

Built in 2005, the development is an ideal investment for those looking at the student let sector. The purpose built student accommodation block provides a self contained one bedroom studio apartment with an open plan living room/kitchen with integrated appliances plus space for bedroom and a shower room.

The building also provides a communal common room, launderette and bike storage with gated parking available on a seperate basis.

The flat is currently tenanted for this academic year at £226 per week for 51 weeks ( £11526 per annum ) and has already been let for 2025/2026 at £256 per week for 51 weeks ( £13056 per annum )

The service charge and fully managed fees total £4644.43 providing a net profit of £6881.57 and a yield of 6.2% ( 7.6% yield based on next years increased rental income )

The block is managed and demand from students has always been popular so if you’re looking to invest some money at a good return then look no further!

Viewings by appointment only.