New Century Park, Manchester, M4 4EF
£200,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2036
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Apartment
732 sq ft
2 Bedrooms
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
981 years
Ground rent
£250
Service charge
£2,349.00 per year
Overview
This 2-bedroom apartment in New Century Park, Manchester, is available for £200,000 with a gross yield of 7.2%. The property is currently tenanted with an annual rent of £14,400. It includes a parking space and benefits from a leasehold tenure with 981 years remaining. The annual service charge is £2,349, and the ground rent is £250. With a total investment of £60,000, this buy-to-let property offers a net annual cash flow of £6,900. The apartment is ideally located near Manchester Victoria, making it a strong rental opportunity in a prime area.
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