About this property
Welcome to X1 The Plaza, a modern development in the heart of Manchester that has been welcoming residents since 2020. This architectural gem offers a perfect synthesis of luxurious ambiance, affordability, and an unbeatable location.
Long term tenant in place achieving £1,050.00 per month in rental income!
Gross Yield: ~9.0%
Net Yield (after management, service charge & ground rent): ~6.4%
Located within the luxury X1 The Plaza development this FURNISHED modern ONE BEDROOM apartment. On-site gym available for tenant use alongside a CITY VIEW and LARGE PRIVATE BALCONY.
X1 Sales is delighted to present this spacious one-bedroom apartment in The Plaza, Ancoats. This fully furnished property comes with a private balcony and is currently tenanted, generating a strong rental income of £1050.00 per month – making it an ideal investment opportunity.
Key Features:
Prime Location: Situated in the vibrant Ancoats area, within walking distance to Manchester City Centre.
Amenities: Includes access to an on-site gym.
Convenient Transport Links: Just a 5-minute walk to the Northern Quarter, less than 10 minutes to Piccadilly Train Station, and a short stroll to New Islington tram stop.
Furnishings & Fittings:
Fully furnished
Modern, fully fitted kitchen with a dishwasher
Stylish, fully equipped bathroom
Additional Information:
1,050.00 per month in rent achieved
Lettings fee 9% + VAT
Council Tax Band: B
EPC Rating: B
Ground Rent: £350 per annum (subject to increase as per head lease)
Service Charge: £1,901 per annum
Leasehold / Years remaining: 231
Photos shown are of similar property based in same development
X1 Lettings is a proud member of The Property Ombudsman Redress Scheme and relevant Client Money Protection Schemes.
Images are for illustrative purposes only and MAY show a similar unit within the development. The images MAY not reflect the exact apartment for sale. Please ask if you would like us to confirm if the images reflect the actual apartment.
