Located within the luxury X1 The Plaza development this FURNISHED modern TWO BEDROOM apartment is on the FIRST FLOOR. On-site gym available for tenant use alongside a SPECTACULAR CITY VIEW and PRIVATE BALCONY.
Investor Opportunity – Tenanted 2-Bed Apartment with Immediate Rental Income
X1 Sales is pleased to offer this first-floor, two-bedroom apartment in the heart of Ancoats – ideal for investors looking for a turnkey, income-generating asset.
The property is sold with a sitting tenant and professional management already in place, ensuring a seamless transition and zero void period for the incoming investor.
Current Rent: £1,275 PCM Cash Buyers Encouraged – Quick and efficient sale preferred
Property Overview: Current Rent: £1,275 PCM (achieving strong rental yield)
Service Charge: £2,259.93 per annum (paid quarterly)
Ground Rent: £350.00 PA (5-year RPI review; next due 31.12.2024)
Tenure: Leasehold – approx. 232 years remaining
Location: Ancoats, Manchester – a key growth area
Amenities: Access to on-site gym
Apartment Features: Private balcony
Fully furnished
Fully fitted kitchen incl. dishwasher
Modern bathrooms
Location Highlights: 5 mins walk to the Northern Quarter
Close to New Islington tram stop
Walking distance to Manchester City Centre
Note: Layouts may vary between units
X1 Lettings is a proud member of The Property Ombudsman Redress Scheme and a participant in relevant Client Money Protection Schemes.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by X1 Sales and Lettings - Greater Manchester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact X1 Sales and Lettings - Greater Manchester for full details and further information.