1 Bedroom Apartment

2 Cotton Street, 
Manchester, 
M4 5BZ
SSTC
  • Tenanted
ATTENTION INVESTORS OR OWNER OCCUPIERS - BUY TO LET INVESTMENT PROPERTY WITH A POTENTIAL YIELD OF OVER 6% NET!
  • Financial Performance*
Gross rent
£11,100
Ground rent
£250
Service charge
£2,460
Net income
£8,390
Gross yield
6.0%
Net yield
4.54%
  • Key Features
  • Suitable For Owner Occupiers Or Investors
  • Fourth Floor
  • Spacious One Bedroom Apartment
  • Located In The Heart Of Ancoats
  • 24 Hour Concierge
  • Grade II Listed, Wonderful Development
  • Award Winning Location

ATTENTION INVESTORS OR OWNER OCCUPIERS- BUY TO LET INVESTMENT PROPERTY WITH A POTENTIAL YIELD OF OVER 6% NET!

This beautiful spacious one bedroom apartment, located on the fourth floor situated in highly regarded development Royal Mills which was formerly a cotton mill. The Grade II listed building offers a range of characteristics such as cast iron pillars, sash widows, exposed brick work and vaulted ceilings. The development benefits from a 24 hour concierge service and coffee shop. Externally it overlooks the Rochdale Canal.

According to the Sunday times Ancoats has been rated one of the best places to live Manchester, driving the demand for the buy to let market.

The apartment briefly comprises of; Entrance hall way leading into an open plan kitchen/ diner area, one well proportioned double room, a modern bathroom with three piece suite. The property is development to a high modern standard throughout.

Manchester’s high rental yields, growing demand and capital growth are just a few reasons why it has been named one of the UK’s best buy-to-let hotspots. Manchester’s growing population ensures that there will always be high demand for rental properties. Now is the perfect time to invest in this vibrant and exciting city. In their July 2022 UK house price forecast, data from JLL predicts that property prices in the North West could rise by 17.6% over the next 4 years, so Manchester is the perfect location to invest in property.

  • Financial Performance *
Gross rent
£11,100
Ground rent
£250
Service charge
£2,460
Net income
£8,390
Gross yield
6.0%
Net yield
4.54%
*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.
  • Location
  • EPC
Energy Performance Rating