Mayfair Court

5 Mayfair Court, Prestwich, M7 3WZ

Asking Price: £130,000
Tenure: Leasehold (999 years from 1987)
Tenanted Investment – £800 PCM Rental Income

A Fully Refurbished, Turn-Key Investment Opportunity in Prestwich

Introducing 5 Mayfair Court, a beautifully refurbished one-bedroom, second-floor apartment ideally positioned in one of Greater Manchester’s most desirable and consistently high-performing rental locations.

Offered tenanted and income-producing from day one, this is a ready-made investment providing strong immediate returns and long-term security thanks to its lengthy 999-year lease and zero ground rent.

Property Features

Modern 1-Bedroom Apartment

• Situated on the 2nd floor
• Fully refurbished to a high standard
• Bright and well-proportioned living space
• Contemporary kitchen and bathroom
• Long 999-year lease with £0 ground rent (approx)

Strong Existing Tenancy

• Currently achieving £800 pcm (£9,600 per year)
• Reliable, in-place tenant
• Ideal hands-off investment

Low Outgoings

• Service charge: approx. £140 pcm
• Ground rent: £0

Investor Financial Summary

Gross Income: £9,600 annual gross rental income

Gross Yield: 7.38% Gross Yield

Net Income Calculation

Monthly net income:
£800 rent – £140 service charge = £660 pcm (approx).

Annual net income: £7,920 per year

Net Yield: 6.1%

Why Invest in Prestwich? – A High-Demand, High-Growth Location

Prestwich has rapidly become one of Greater Manchester’s most sought-after residential and rental hotspots. Investors are increasingly drawn to the area due to:

Outstanding Transport Links

• Excellent bus connections
• Immediate access to the M60 motorway, connecting to Manchester City Centre, MediaCityUK, Manchester Airport, and surrounding towns
• Strong demand from commuters and professionals

Thriving Local Scene

• Prestwich Village is known for:
  • Boutique cafés
  • Trendy bars
  • Independent restaurants
  • Green spaces including Heaton Park
• Popular with young professionals, couples, and long-term renters

Consistent Rental Growth

• Prestwich consistently achieves strong rents
• Limited supply of quality apartments
• Increasing demand from working tenants

Newly Refurbished Property = Higher Longevity

A fully refurbished apartment reduces maintenance needs, enhances tenant satisfaction, and supports long-term rental stability-perfect for hands-off investors seeking reliable returns.

Summary

5 Mayfair Court is a rare, ready-made investment, offering:

• A newly refurbished 1-bedroom apartment
• Strong and secure rental income
• A long lease with zero ground rent
• High-demand location with excellent transport links
• Gross yield of 7.38% and net yield of 6.1%

This is an excellent opportunity for both new and established investors seeking a dependable, low-maintenance rental property in a proven investment location.

Let Pure Investor Take The Strain …..

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.

✅ Fully managed lettings and property management service

✅ Comprehensive coverage throughout England and Wales

✅ One team, one fee across your full portfolio

✅ Rental income protection available

✅ Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: 0161 337 3890 to find out more

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