From
£135,000
(£279/sq. ft)
1 bed flat for saleFully Managed Manchester Buy To Let, Manchester M1
1 bed
1 bath
484 sq. ft
About this property
£13,500 Net Rent
Service Charge & Ground Rent Paid
No sdlt
Legals Paid By Seller
Fri Lease 7 Yrs Remaining
Cash Buyers Only
Suitable for cash buy-to-let investors seeking immediate income
An opportunity to acquire a fully income-generating, hands-off investment asset located in central Manchester next to Piccadilly Station, the property benefits from exceptional connectivity and strong, consistent tenant demand. Positioned within a key commercial hub undergoing ongoing regeneration, it remains one of the most sought-after rental locations in the city.
The property is let on a 10-year full repairing and insuring (Fri) lease, with approximately 7 years remaining at 10% net yield (£13,500 pa) with rent reviews every 2 years, providing investors with a stable, predictable income stream. Under the Fri lease structure, all maintenance, management, and operational responsibilities are handled by the housing association, meaning this is purely passive income.
The provider pays all costs, therefore this property benefits from:
No ground rent
No service charge
No maintenance costs
Fully managed service
All costs are covered within the lease, allowing investors to receive a true net return without the typical expenses associated with traditional buy-to-let property.
Additionally, the seller is offering stamp duty and legal fees paid to further enhance the overall return and reducing entry costs.
Enquire today and a member of our team will be in touch to qualify your requirements.
Note: Serious enquiries from cash buyers are welcomed. Proof of funds may be required prior to viewing.
Queensbridge Estates reserve the right to pull this advert from our Zoopla account as it will also be marketed to our internal database of investors. If you're wanting to register your interest for similar properties, please contact us by phone or contact form, otherwise you can email and one of our sales team will contact you.
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Ground rent
Ground rent date of next review
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