Property photos
Under offer
Leasehold
£120,000
2 bed flat for sale
Altrincham Road, Wythenshawe, Manchester M232 beds
1 bath
1 reception
EPC rating: E
Local area information
Property location
Nearby amenities
- Abbey College Manchester 0.2 miles
- Salford Central 0.4 miles
- Deansgate 0.4 miles
- Chetham's School of Music 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Manchester to find out more about the local area.
Features and description
- Leasehold
- Available with vacant possession
- Ideal investment opportunity
- 7.29% net return on investment
- Top floor apartment
- Two bedrooms
- Modern shower room
- Fully-fitted kitchen
- Residents parking
- Peppercorn ground rent and low service charge
- Don't miss out and enquire today
833 Altrincham Road, Manchester
Yieldit are excited to present to the market a wonderful opportunity for home owners and investors alike, with market rate rent in the region of £900pcm which represents an impressive 8.29% net return at the asking price this property would make a fantastic addition to an investment portfolio. Positioned on the top floor of this purpose built low rise apartment block surrounded by beautiful, well-maintained communal gardens the property is available with vacant possession and would suit those looking for low-maintenance accommodation and those looking to downsize.
In brief, the property is located on the third floor and consists of entrance hallway; living room with two double-glazed windows providing lovely views of the surrounding greenery; fully-fitted kitchen; two bedrooms; modern shower room; spacious storage cupboards. Benefiting from residents parking, secure intercom entry, peppercorn ground rent and reasonable service charge.
Altrincham Road is ideally situated for convenient transport links in and around Manchester, being less than a 30 minute commute to the city centre this is the perfect location for working professionals and those looking for the endless amenities and attractions the city centre has to offer. The property is within walking distance of Wythenshawe Hospital which employs over 5000 people and is set for major investment and transformation in the estate, its infrastructure and the local community. The plans will lead to the development of a sustainable health village, enhancing the Hospitals facilities, and providing complementary commercial, leisure and retail facilities. The plans will have a positive impact on local employment and increase the demand for rental properties such as this in the area.
Financial Breakdown
Gross Rent: £10,800.00
Net income: £9,950.00
Gross yield: 9%
Net yield: 8.29%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07809
Yieldit are excited to present to the market a wonderful opportunity for home owners and investors alike, with market rate rent in the region of £900pcm which represents an impressive 8.29% net return at the asking price this property would make a fantastic addition to an investment portfolio. Positioned on the top floor of this purpose built low rise apartment block surrounded by beautiful, well-maintained communal gardens the property is available with vacant possession and would suit those looking for low-maintenance accommodation and those looking to downsize.
In brief, the property is located on the third floor and consists of entrance hallway; living room with two double-glazed windows providing lovely views of the surrounding greenery; fully-fitted kitchen; two bedrooms; modern shower room; spacious storage cupboards. Benefiting from residents parking, secure intercom entry, peppercorn ground rent and reasonable service charge.
Altrincham Road is ideally situated for convenient transport links in and around Manchester, being less than a 30 minute commute to the city centre this is the perfect location for working professionals and those looking for the endless amenities and attractions the city centre has to offer. The property is within walking distance of Wythenshawe Hospital which employs over 5000 people and is set for major investment and transformation in the estate, its infrastructure and the local community. The plans will lead to the development of a sustainable health village, enhancing the Hospitals facilities, and providing complementary commercial, leisure and retail facilities. The plans will have a positive impact on local employment and increase the demand for rental properties such as this in the area.
Financial Breakdown
Gross Rent: £10,800.00
Net income: £9,950.00
Gross yield: 9%
Net yield: 8.29%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07809
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