2 bedroom apartment for sale

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2 bedroom apartment for sale

Freshpool Way, Manchester, Greater Manchester, M22
£170,000

Our Summary

  • * Secure Gated Development * Excellent Location with transport links to Manchester Airport & City Centre * EWS1 Certificate Compliant * High Occupancy Rate - Apartments in this block typically rent within a week * No Major Works Needed - Excellent internal condition * Long Lease - Over 130 years remaining * Straightforward Management - No managing agent fees Additional Notes * Self-Managed Investment - Flexibility and cost-efficiency * All building regulations met at original construction (2008)

Description

This 2-bedroom, 2-bathroom first-floor apartment in Crown House, a secure gated block, is being offered for sale with a guide price of £170,000. The property benefits from a designated parking space, gardens both within the compound and outside the property, and is in excellent internal condition with no major works needed. The apartment is fully tenanted, with a rental income of £13,800 per annum, and has a long lease of over 130 years remaining. The property is self-managed, with no managing agent fees, and has a high occupancy rate, with apartments in the block typically renting within a week. With a gross yield of 8.12% and a net yield of 6.98%, this property offers a solid investment opportunity, with the added benefits of a secure location, excellent transport links, and an EWS1 certificate compliant development.