£255,000 | Halo House, 27 Simpson Street, Manchester, M4
Tenanted 2-Bedroom, 2-Bathroom Apartment | 6% Net Yield | Prime Manchester Investment

Property Description
Residential Estates is delighted to present this fully tenanted, high-specification two-bedroom (master with balcony), two-bathroom apartment in the sought-after Halo House development, ideally positioned just minutes from Manchester city centre.
Located on the first floor, this modern apartment offers strong, immediate rental income and long-term capital growth potential within one of the UK's fastest-growing property markets.
The apartment is currently let to professional tenants at £1,500 PCM (£18,000 per annum) on a rolling tenancy, delivering an attractive 6% net yield, making it an ideal turnkey investment opportunity.
Secure, fob operated underground parking space.

Key Investment Highlights
* Fully tenanted investment producing £18,000 per annum
* Attractive 6% net yield
* Two spacious double bedrooms, master with balcony
* Two modern bathrooms (including en-suite)
* Fully furnished and ready investment
* Long lease - 390 years remaining, as opposed to the normal 250yrs
* Peppercorn ground rent, so no ground rent reviews / increases
Secure underground parking, fob operated
* Completed in 2019 - modern, energy-efficient development
* Highly desirable residential location
* Strong rental demand from professionals
* Self-managed - no restrictive letting agreements
Short Term lets permitted

Location
Halo House is ideally situated within walking distance of Manchester city centre, offering excellent connectivity and lifestyle convenience.
Nearby destinations include:

A local park Angel Meadow Park as a green space in heart of city centre 75m development
Within the £1 billion NOMA regeneration zone
* Manchester City Centre - 10 minute walk
* St Peter's Square - 18 minute walk
* Northern Quarter - 12 minute walk
* Deansgate - 2.8 km
* Manchester Victoria Station - close proximity
* Science and Industry Museum - 2.2 km
The development is popular with professional tenants due to its proximity to:
* Major employers
* Universities
* Retail, dining and leisure facilities
* Transport links
Manchester continues to be one of the UK's strongest performing property markets, driven by economic growth, population increase, and ongoing regeneration.