Pure Investor - Property Investment
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  • Call: +44 (0) 161 337 3890

Midway House, Manchester


Property Details

  • Price: £89,950.00
  • Location: Manchester
  • Region: Greater Manchester
  • Country: United Kingdom
  • Reference: HH2UKMANMID3

Highlights

  • 6.1% net yield
  • Close proximity to the city centre
  • Great as FTB property or investment
  • Gated communal parking
Midway House

Pure Investor are pleased to offer for sale this ground floor 2 bedroom apartment located in the purpose built Midway House, on Cheetham Hill Road, M8. It would suit an investor looking for a hands free investment or a first time buyer looking to be close to the city centre, without the big price tag!

The accommodation briefly comprises of: communal entrance, entrance hall, two double bedrooms, open plan kitchen/lounge and main bathroom. There is also gated communal parking available.

The development is conveniently located on Cheetham Hill Road which provides easy access to all local amenities including Manchester Fort retail park, grocery shops and within 30 minutes walk to Deansgate. There is a regular bus route taking you in to City Centre every couple of minutes.

Financial breakdown - 3 Midway House, 409 Cheetham Hill Rd, M8 0PW
£550 pcm rental income (£6600 per annum)
Service charges £800 per annum
Lettings fee - 5%
Ground rent £350 per annum
Net yield 6.1%
(Current tenant is on a periodic contract).

Reservation and Purchase Process
Complete Reservation Form
£2,000 reservation fee (fully refundable up to completion)
Instruct solicitors
Balance on completion

Highlights

  • 6.1% net yield
  • Close proximity to the city centre
  • Great as FTB property or investment
  • Gated communal parking

Contact the Team

Call us on +44 (0) 161 337 3890 or contact us using the form below to arrange your free no obligation property consultation.

Client Testimonials

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Pure Investor took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

Image Gallery - Midway House

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Call our team today on +44 (0) 161 337 3890

Pure Investor - Property Investment