This property is no longer on the market
Studio
Key information
Property description & features
- Tenure: Leasehold (247 years remaining)
- A hands-off investment with management included
- Strong rental return with 7% yield
- Fully furnished with top of the range appliances
- Second floor apartment with city views
- High-demand area
- Prime location
- Tenanted property
This rare and highly-sought after investment opportunity has just become available for a cash buyer, offering you a fully furnished, tenanted, modern studio apartment.
Located on Princess Street in the heart of Manchester city centre, 115 Princess Street benefits from having a prime M1 postcode, whilst being just a a stones throw away from Manchester's amenities, including restaurants, shopping, universities and central business districts.
Originally constructed in the mid-19th century, the building is situated within the Whitworth Street Conservation Area, which is recognised for its characteristic Victorian and Edwardian warehouse buildings. Due to high rental demand in the area, 115 Princess Street has maintained 100% occupancy since its completion in January 2021.
The apartment itself comes fully furnished with high quality furnishings and is fully fitted with top end appliances, including solid Amitco wooden flooring, Hansgrohe bathroom fittings, and Bosch kitchen appliances. The 2nd floor apartment offers views of the city centre, and is generously sized with space-saving design in mind, and brilliant storage solutions, such as a large ottoman storage bed.
Investing in this apartment couldn't be easier, with our end-to-end in-house investment service, we manage every step of the investment process from acquisition and build, through to lettings and property management so you can rest assured that your investment is being looked after.
For more information, or to speak to our sales team enquire now to avoid missing out on this incredible opportunity.
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*DISCLAIMER
Property reference 115STUDIOLARGE. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Beech Holdings - Sales.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 6, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 6, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.