- Two bedroom and two bathroom second floor apartment situated in Hulme, being sold with the current tenants in situ +
- Annual rental income of £12,000 per annum +
- 220 years remaining on the lease +
- Cladding remedial works being currently done with funding from the Government +
- Gross yield of 8% and net of 6.1% +
- Popular Manchester location +
13 Hulme High Street, Manchester, M15 5JR
Asking Price: £150,000
________________________________________
Investment Opportunity in the Heart of Manchester
Pure Investor is delighted to present this fully furnished two-bedroom apartment, ideally located a short distance from Manchester City Centre and the city's major universities. Perfect for investors seeking strong rental returns, this property is currently achieving a rental income of £1,000 per calendar month.
________________________________________
Property Features
* Location: Second-floor apartment within a well-maintained development.
* Open-Plan Living: Spacious living room with integrated kitchen appliances - ideal for modern city living.
* Bedrooms: Two generously sized double bedrooms, with the principal bedroom benefitting from an en-suite shower room.
* Bathrooms: Modern main bathroom with contemporary fittings.
* Fully Furnished: Ready for immediate rental, providing a seamless income stream for investors.
* Leasehold: 220 years remaining.
* Service Charges & Ground Rent: Ground rent £256.45 per annum, service charge £660.24 per quarter (£2,640.96 per annum)
* Energy Efficiency: EPC Rating C.
________________________________________
Investment Highlights
* Strong Yield: Achieving a rental income of £1,000 pcm, this property offers an attractive gross rental yield of approximately 8%.
* Turnkey Investment: Fully furnished and ready to rent, reducing void periods and management hassle.
* Prime Location: Close proximity to Manchester City Centre, universities, and transport links ensures consistent rental demand from students and professionals.
* Secure Building Compliance:
o Cladding works are currently being carried out on the external parts of the development.
o All works are fully government-funded, with no additional costs to the leaseholder.
o Once completed, a valid EWS1 form will be in place, ensuring compliance with the Building Safety Act.
________________________________________
Why Invest Here?
This property represents a high-demand, low-maintenance investment in one of Manchester's most desirable areas. With strong rental income, long lease length, and a modern, fully furnished setup, Flat 57 is perfect for investors seeking reliable returns and long-term capital growth.
Current Rental Income: £1,000 pcm
Asking Price: £150,000
Gross Yield: 8%
Net Yield: 6.1%
________________________________________
Let Pure Lettings 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: to find out more