£97,000
1 bed flat for saleWest Point, 501 Chester Road, Old Trafford M16
1 bed
1 bath
1 reception
EPC Rating: C
Leasehold
About this property
Superb opportunity for investors
Tenant in situ
Generate an excellent return from completion
Over 8% net yield
Fully managed
11th floor apartment
One double bedroom
Impressive views
Lift access
Communal facilities
West Point, 501 Chester Road, Old Trafford, M16 9Qx
Attention investors - fantastic hands off investment yielding over 8% net of all fees! A wonderful 11th floor one bedroom apartment with far reaching views, just 1 mile from the city centre.
Yieldit are pleased to present this excellent 1 bedroom apartment in Westpoint, located just a mile from Manchester city centre.
The apartment features a modern finish throughout, including a fully equipped kitchen with high-gloss units, a spacious open-plan living area with ample natural light, and far-reaching city views. The double bedroom includes built-in wardrobes, and the property is completed by a sleek, contemporary shower room.
Westpoint is one of Manchester's newest residential projects, which completed in 2019 and spread across 19 floors. The development also benefits from a state of the art gym exclusive to residents, 24 hour concierge service, on-site parking and a communal residents lounge with the facilities to work remotely.
Manchester is a globally recognised city with a thriving £62.8 billion economy, world-class transport links, exceptional talent, and a vibrant business environment. As one of the UK’s fastest-growing regional cities, it offers outstanding long-term investment potential so don't miss out on this exciting opportunity and enquire today.
Financial Breakdown
Gross Rent: £14,040.00
Net income: £8,293.00
Gross yield: 15.6%
Net yield: 9.21%
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-08152
Attention investors - fantastic hands off investment yielding over 8% net of all fees! A wonderful 11th floor one bedroom apartment with far reaching views, just 1 mile from the city centre.
Yieldit are pleased to present this excellent 1 bedroom apartment in Westpoint, located just a mile from Manchester city centre.
The apartment features a modern finish throughout, including a fully equipped kitchen with high-gloss units, a spacious open-plan living area with ample natural light, and far-reaching city views. The double bedroom includes built-in wardrobes, and the property is completed by a sleek, contemporary shower room.
Westpoint is one of Manchester's newest residential projects, which completed in 2019 and spread across 19 floors. The development also benefits from a state of the art gym exclusive to residents, 24 hour concierge service, on-site parking and a communal residents lounge with the facilities to work remotely.
Manchester is a globally recognised city with a thriving £62.8 billion economy, world-class transport links, exceptional talent, and a vibrant business environment. As one of the UK’s fastest-growing regional cities, it offers outstanding long-term investment potential so don't miss out on this exciting opportunity and enquire today.
Financial Breakdown
Gross Rent: £14,040.00
Net income: £8,293.00
Gross yield: 15.6%
Net yield: 9.21%
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-08152
More information
Tenure
Leasehold (242 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
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