2 Bedroom Apartment

Altrincham Road, 
Manchester, 
M23 9QQ
Purchase price
£120,000
  • Tenanted
ATTENTION INVESTORS AND HOME OWNERS! yieldit present a fantastic top floor two bedroom apartment with well-maintained communal grounds and excellent transport links close to Timperley Village.
  • Financial Performance*
Gross rent
£10,800
Ground rent
£10
Service charge
£840
Net income
£9,950
Gross yield
9.0%
Net yield
8.29%
  • Key Features
  • Available with vacant possession
  • Ideal investment opportunity
  • 7.29% NET return on investment
  • Top floor apartment
  • Two bedrooms
  • Modern shower room
  • Fully-fitted kitchen
  • Residents parking
  • Peppercorn ground rent and low service charge
  • Don't miss out and enquire today

yieldit are excited to present to the market a wonderful opportunity for home owners and investors alike, with market rate rent in the region of £900pcm which represents an impressive 8.29% NET return at the asking price this property would make a fantastic addition to an investment portfolio. Positioned on the top floor of this purpose built low rise apartment block surrounded by beautiful, well-maintained communal gardens the property is available with vacant possession and would suit those looking for low-maintenance accommodation and those looking to downsize.

In brief, the property is located on the third floor and consists of entrance hallway; living room with two double-glazed windows providing lovely views of the surrounding greenery; fully-fitted kitchen; two bedrooms; modern shower room; spacious storage cupboards. Benefiting from residents parking, secure intercom entry, peppercorn ground rent and reasonable service charge.

Altrincham Road is ideally situated for convenient transport links in and around Manchester, being less than a 30 minute commute to the city centre this is the perfect location for working professionals and those looking for the endless amenities and attractions the city centre has to offer. The property is within walking distance of Wythenshawe Hospital which employs over 5000 people and is set for major investment and transformation in the estate, its infrastructure and the local community. The plans will lead to the development of a sustainable health village, enhancing the Hospitals facilities, and providing complementary commercial, leisure and retail facilities. The plans will have a positive impact on local employment and increase the demand for rental properties such as this in the area.

  • Financial Performance *
Gross rent
£10,800
Ground rent
£10
Service charge
£840
Net income
£9,950
Gross yield
9.0%
Net yield
8.29%
*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