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Lakeside Rise

Manchester

£150,000

  • Two bedroom duplex
  • Current net yield: 7.9%
  • Being sold with tenants in situ
  • Strong rental income: £1200pcm
  • Tenure: Freehold

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Lakeside Rise, Manchester

Attractive Tenanted  Investment | £150,000 | 7.9% Net Yield
An excellent opportunity to acquire a well-presented, income-generating duplex apartment at Lakeside Rise, Manchester, M9 8QD. Positioned on the third floor, this modern two-bedroom, two-bathroom apartment offers approximately 600 sqft of well-designed living space within a secure, gated development.
The property is being sold with a long-standing tenant in situ of three years, currently generating a strong rental income of £14,400 per annum. After accounting for the service charge (£2,196 pa) and ground rent (£300 pa), the property delivers an attractive net yield of 7.9%, making it an ideal turnkey investment with immediate returns.
The duplex layout enhances tenant appeal, providing a practical separation of living and sleeping areas, while the two bathrooms add further convenience for sharers or professionals.
The apartment benefits from a leasehold term of approximately 103 years remaining. The location offers excellent transport connectivity, with nearby Metrolink tram stops and regular bus services providing easy access into Manchester City Centre. The M60 motorway is also within close reach, making the area highly convenient for commuters.
Lakeside Rise is a popular residential area benefiting from nearby green spaces and local amenities, while also being within easy reach of Manchester city centre, ensuring consistent tenant demand. The combination of accessibility and affordability makes this a strong rental location.
Priced at £150,000, this is a fantastic opportunity for investors seeking a ready-made investment in a well-connected area with proven rental income and solid ongoing demand.
EWS1 rating A1 – there are no attachments to the building whose construction includes significant quantities of combustible materials.

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Mortgaged

Cash Purchase

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25%

£150,000.00

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£3,000.00

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