Flat for sale in Chester Road, Manchester M16

£125,000
Interested in this property? Call +44 161 937 0141 * or Request Details

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Flat for sale - 1 bedroom

1 1

Tenure:
Leasehold
Time remaining on lease:
Not available
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Property features

  • A hands-off investment
  • Strong rental return with 5.49% net yield
  • Fully furnished with an on-site gym, coffee lounge & co-work
  • Prime location at the gateway to Manchester city centre
  • On-site residence team
  • High-demand area
  • Residents events calendar
  • Eco-friendly design throughout; a future-proof investment
  • 11th floor apartment with city views

Property description

Cash only


A rare and highly sought after investment opportunity- perfect for investors looking to start or expand their portfolio in Manchester. This apartment offers investors a 5.49% net yield, and is tenanted and fully managed.

Westpoint is a totally hands-off investment opportunity - allowing investors to enjoy all the benefits of owning property in the UK's no.1 investment location, without any of the hassles of being a landlord, while still enjoying high returns:

£6,867.42 net rent
5.49% net yield

The Apartment

The apartment you'll be investing in has everything a tenant could need: It's fully furnished with high quality furnishings, the spacious kitchen has integrated Bosch appliances, and the bathroom is fitted with floor to ceiling tiles. The 11th floor apartment offers views of the city, and is generously sized at 312 sq ft with space-saving design in mind, and brilliant storage solutions, such as a large ottoman storage bed, offering your tenant the best of the best.

The Development

Completed in 2018, to a pioneering standard of quality and finish, Westpoint not only offers residents somewhere to live, but also a built-in community - brought to life through the abundance of on-site facilities, and the dedicated residence team - all of which set Westpoint apart from other developments across the city.

Facilities and features include:

5* hotel-like facilities exclusively for residents

* A communal residents lounge
* Fully equipped gym
* Co-working space and residents lounge
* Onsite concierge services
* Dedicated onsite residence managers

Luxury and sustainability as standard

* Air source heat pumps
* Underfloor heating
* Thermostatic shower mixer
* Gas-lift ottoman leather bed
* Bespoke furnishings throughout
* Quartz worktops

The Location

Located at the gateway to Manchester City Centre, in a £50 million regeneration area and neighbouring the iconic Old Trafford football stadium (home of Manchester United) as well as the Emirates Cricket Ground.

Why Manchester?

~ Global Connectivity

Manchester is the number one choice for investors across the world. The global connectivity that Manchester International Airport provides has contributed £4.5 billion to the local economy and is currently undergoing a £1 billion expansion - which will mean the airport can cater for an additional 30 million passengers each year.

~ World-class Universities

Home to two world-leading universities that attracts thousands of new students every year to Manchester, 60% of these students will then stay in the city after graduating, further contributing to the demand for rental housing. There is also an undersupply of housing in the city; 11,000 new homes are needed in the city each year to keep up with the growing demand, and currently only 7,000 are being built - leaving a shortfall that investors can benefit from.

For more information, please enquire via the email button.
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For more information about this property, please contact
Beech Holdings Investments LTD, M1 on +44 161 937 0141 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Beech Holdings Investments LTD, and do not constitute property particulars. Please contact Beech Holdings Investments LTD for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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