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2 Bed Flat, Single Let, Manchester, M4 4AB £149,950

Red Bank, Manchester, Greater Manchester, M4 4AB - 5 months ago
  1. Deal Search
  2. Manchester
  3. M4
  4. M4 4AB
Leasehold
BTL
ROI: 10%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Manchester
  • More Deals in M4
  • More Single Let Deals
  • More Single Let Deals in Manchester
  • More Single Let Deals in M4

Property History

Price changed to £149,950

September 12, 2025

Listed for £155,000

July 11, 2025

Floor Plans

Description

  • Buy-to-let property investment +
  • Current rental income of £1,125pcm +
  • Gross yield of 8.7% +
  • Manchester city centre location +
  • 2 double bedrooms and one bathroom with open plan kitchen and dining space +
  • High rental demand within the development +

Key Features:
Property Type: Modern 2-Bedroom Apartment
Tenure: Leasehold (Approx. 977 years remaining)
Size: 677 sq ft
Bedrooms: 2
Bathrooms: 1
Condition: Excellent - Fully Refurbished in 2022
Current Rent: £1,125 PCM
Service Charge: £2,585.76 per annum
Ground Rent: £150 per annum
Yield: 8.7% Gross Yield - 7% Net Yield
The current owner has confirmation that the developer would foot any cladding costs and not the leaseholders

Investment Summary:

An exceptional opportunity to purchase a fully refurbished, tenanted 2-bedroom apartment in the heart of Manchester's thriving M4 district. Offering 100% occupancy, excellent condition, and robust rental returns, this is a turnkey investment suited for both first-time and experienced landlords.

Located within a secure and well-managed building, this unit benefits from long leasehold security and a consistent rental income. With no ongoing or planned building works, no arrears, and no tenant complaints, the property offers a hassle-free purchase for investors.

Agent Details

Pure, Manchester

0161 524 5533

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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