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 2035
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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.
What our customers say about us
Eric
Buy-to-let investor
“What I like about Get Ground is just how easy the team there are to deal with. The website is secure, clean and simple to navigate around. It allows you to have visibility of your property portfolio and all the associated documentation related to each property. The team will also take care of your annual accounts. All this for a very reasonable annual fee.”
Matt
Buy-to-let investor
“It has been great dealing with Get Ground. Having worked with them for a number of years now, they have provided a great service to our clients and I wouldn't hesitate to recommend them.”
Michelle
Buy-to-let investor
“I've had a very streamlined and well supported experience starting a corporation through GetGround. I've been treated exceedingly well and couldn't be more pleased with how it has all come together. I would definitely recommend.”
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