Collier Street

Pure Investor are delighted to bring to market this exceptional 2-bedroom, 2-bathroom apartment located on the 2nd floor of a modern development in the heart of Manchester.

This tenanted property is ideal for investors seeking a high-demand rental property with solid, predictable returns. This well-appointed flat features 2 spacious bedrooms and 2 bathrooms including an ensuite. The open plan kitchen and living area is equipped with modern fixtures and fittings throughout helping to create a contemporary living space for residents to turn into a home.

Investment Highlights

• Second floor, 2 bedroom, 2 bathroom property
• Current long term tenants in place
• Fantastic city centre location
• Leasehold property with 132 years remaining
• High rental demand in the local area

Financial Breakdown

• Asking Price: Offers above £180,000
• Ground Rent: £150 p.a.
• Service Charge: £2,740 (£685 per quarter)

Yield Analysis

• Gross Annual Rent: £13,800
• Annual Cost (Ground + SC): £1,939 PA
• Net Annual Rent: £12,110
• Gross Yield: 8.33%
• Net Yield: 6.07%

Why Invest Here?

Situated in the vibrant Manchester M3 area, this stunning investment property benefits from:

• Proximity to Spinningfields and Deansgate
• Excellent transport links, including nearby tram and rail stations
• High rental demand from professionals and young families
• Close to universities, business districts, and cultural hotspots