£230,000
3 bed flat for saleThe Plaza, 1 Advent Way, Ancoats M4
3 beds
2 baths
1 reception
EPC Rating: C
About this property
Tenanted investment opportunity
Stylish apartment
Stunning modern development
High quality fixtured and fittings
Fully fitted kitchen with integrated appliances
Three bedrooms
Walking distance to the city centre
Balcony
Fantastic development
Great location
This well-presented three-bedroom apartment features two shower rooms, a modern fitted kitchen, and a spacious lounge area, making it ideal for both comfortable living and strong rental appeal. The property is currently achieving a net yield of approximately 6%, making it an attractive investment opportunity.
Spread over two impressive buildings, the development comprises 201 apartments, including a mix of luxury one, two and three-bedroom units, alongside seven spacious townhouses with private terraces and four premium penthouses. Residents also benefit from an on-site gym and landscaped green spaces.
The residential complex is ideally located close to Manchester city centre, with excellent transport links via Manchester Piccadilly station and Manchester Airport, providing both national and international connections. Victoria train station and Metrolink are just a short five-minute walk away, offering easy access across the city and beyond.
Manchester is renowned for its vibrant entertainment scene, rich history and cultural attractions, with a wide range of cinemas, live venues and museums. It’s no surprise that Manchester continues to be one of the fastest-growing cities in Europe.
With strong rental yields, increasing demand and consistent capital growth, Manchester has established itself as one of the UK’s leading buy-to-let hotspots. Its growing population ensures sustained demand for high-quality rental properties, making this an excellent time to invest.
Please note, lettings and management fees may apply.
Financial Breakdown
Gross Rent: £18,600.00
Net income: £13,471.69
Gross yield: 8.09%
Net yield: 5.86%
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-08448
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Tenure
Leasehold (245 years)
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