£194,750

2 bed flat for sale
Nq4, 47, Bengal Street, Manchester M4

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Leasehold

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About this property

  • Tenanted investment opportunity

  • Desirable development

  • Two bedroom apartment

  • Fourth floor

  • EWS1 form in place

  • Well presented throughout

  • Lift access

  • Secure entry

Nq4,47, Bengal Street, Manchester, M4 6Bb

An excellent opportunity to acquire a well-presented two-bedroom apartment in the popular NQ4 development on Bengal Street, in the heart of Manchester's vibrant Northern Quarter. Offered for sale with a tenant in situ, the property provides immediate rental income and generates an attractive 5.5% net yield, making it an ideal turnkey investment.

The apartment comprises a spacious open-plan living and kitchen area, two well-proportioned bedrooms and a modern bathroom, all finished to a contemporary standard that appeals to Manchester's strong professional rental market.

Located within walking distance of Manchester city centre, Piccadilly Station and the highly desirable Ancoats district, NQ4 benefits from a prime position in one of the city's most sought-after residential areas. The Northern Quarter is renowned for its independent cafés, restaurants, bars and cultural attractions, making it a popular choice for young professionals and city-centre workers.

Manchester continues to be one of the UK's strongest property investment markets, supported by a growing population, major infrastructure investment and a thriving economy. The Northern Quarter has seen significant regeneration and sustained rental demand, helping to support both rental growth and long-term capital appreciation.

With a tenant already in place, a proven rental return and excellent growth prospects, Apartment 68, NQ4 offers investors the opportunity to acquire a high-quality income-producing asset in a prime Manchester location.

Financial Breakdown

Gross Rent: £13,200.00
Net income: £10,984.00
Gross yield: 6.78%
Net yield: 5.64%
Please contact agent for full financial breakdown.

Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08547

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Property descriptions and related information displayed on this page are marketing materials provided by - Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.