1 Bedroom Apartment

Lakeside Rise, 
Crumpsall, 
Manchester, 
M9 8QE
SSTC
  • Size: 48 sqm
  • Tenanted
INCREDIBLE INVESTMENT - ABOVE 8% NET RETURN! Take a look at this well presented one bedroom apartment with private balcony, gated entry, lift access and allocated parking on the outskirts of Manchester city centre.
  • Financial Performance*
Gross rent
£7,800
Ground rent
£150
Service charge
£1,540
Net income
£6,110
Gross yield
10.4%
Net yield
8.15%
  • Key Features
  • EWS1 form in place
  • One double bedroom apartment
  • Well presented
  • Investment opportunity - tenant in situ
  • Private balcony
  • Allocated parking
  • Lift access
  • Wonderful views
  • Ideal location
  • Don't miss out and enquire today

yieldit present an impressive opportunity for investors, being sold with tenant in situ this fantastic property will generate you a return in excess of 8% NET right from completion. Positioned on the 6th floor of this popular development which is gated and secure, with lift access, allocated parking spaces and intercom entry this is an opportunity not to be missed.

Internally, the property is wonderfully maintained by the current tenant. Consisting of entrance hallway leading to spacious open plan lounge with spotlight lighting, fully-fitted kitchen, window and glass doors leading to a large balcony with wonderful far reaching views. There is a double bedroom with built in storage and bathroom with three-piece suite and heated towel rail.

Located in the ever-popular Lakeside Rise development on the outskirts of Manchester city centre, this property is ideally just five miles from everything the city has to offer therefore making it the perfect accommodation for those working professionals wanting a short commute or wanting to enjoy the endless array of amenities including shopping, leisure facilities and food and entertainment establishments available there. Closer to home, the biggest and best park in the North West, Heaton Park is practically on the doorstep and boasts over 600 acres of woodland and hosts regular events for all ages throughout the year.

Manchester is one of the best locations to invest, the city consistently sits among the highest performing cities in Europe and its population is ever increasing meaning there is a continuous demand for good quality rental accommodation. The city attracts a high number of young professionals thanks to the lifestyle, employment opportunities and educational facilities that it has on offer.

  • Financial Performance *
Gross rent
£7,800
Ground rent
£150
Service charge
£1,540
Net income
£6,110
Gross yield
10.4%
Net yield
8.15%
*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