About this property
Studio Apartment at Northill – £110,000
An excellent investment opportunity or first-time purchase, ideally located close to Salford Quays, MediaCityUK and Manchester United Football Club.
Forming part of the popular Northill development, this studio apartment offers open-plan living with a fully fitted kitchen featuring integrated appliances. The property is ideally positioned for convenient access to the waterfront, local amenities and nearby Metrolink connections, providing easy access to Manchester city centre and the surrounding areas.
Residents benefit from a 24-hour concierge service, adding convenience and security. The property is offered for sale with no onward chain, allowing for a straightforward purchase process.
From an investment perspective, the apartment currently achieves £850 per calendar month (£10,200 per annum) in rental income. With an annual service charge of approximately £1,112 and no ongoing ground rent, the property offers an attractive proposition for buy-to-let investors.
At the asking price of £110,000, this equates to an approximate gross rental yield of 9.27%, making it an opportunity worth considering for investors seeking an income-producing property.
Key Features
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Asking price: £110,000
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Studio apartment
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Located within the Northill development
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Current rental income: £850 PCM (£10,200 per annum)
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Approximate gross rental yield: 9.27%
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Annual service charge: approximately £1,112
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No ongoing ground rent
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Open-plan living
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Fully fitted kitchen with integrated appliances
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24-hour concierge service
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Close to Salford Quays, MediaCityUK and Manchester United Football Club
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Convenient access to nearby Metrolink services
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No onward chain
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Leasehold property
Whether you’re looking for your first home or an investment property in a well-connected location, this studio apartment is well worth viewing.
