£170,000
(£376/sq. ft)
1 bed flat for sale
Saxon Square, Manchester M5Leasehold
1 bed
1 bath
1 reception
452 sq. ft
Key information
Tenure
Leasehold (249 years)
Service charge
£981 per year
Council tax band
Ground rent
£170
Ground rent date of next review
About this property
10 minutes to central manchester
High tenant demand
Prime location
2 parking spaces
Abundance of nearby amenities
Option of serviced lets - yields over 13%
Modern designs
Tenant in situ - instant rental income
Completed and tenanted** net yield over 6%** desirable location** gorgeous specification** high tenant demand** parking included** rental income of £990 pcm until January 2025**
Saxon square
This modern completed conversion scheme presents an excellent investment opportunity to potential buyers. Currently let for £990 pcm, with the option of maximising returns through serviced lets, with forecasted yields of over 12%, this high specification apartment is sure to have high returns on investment. Located between the iconic city of Salford and Manchester City Centre - the apartments each offer high specifications and are near to Old Trafford, home of Manchester United and the Trafford Centre, the UK's third biggest shopping mall. Built with a clear contemporary focus, featuring a sleek exterior look and open-plan living, this development has a very high tenant demand.
Location
Saxon Square is located within walking distance to Old Trafford, the city centre, and plenty more local attractions & amenities. It is also a tram ride away from Trafford Centre, creating an incredibly high tenant-demand. As well as this, the area has sublime transport links in general - providing incredible access to all of Manchester's hot spots, and to further afield, via the three major train stations, motorways and Manchester Airport.
Property highlights
high tenant demand
Completed & tenanted
prime location
abundance of nearby amenities
high specifications throughout
parking included
Tenure
This property has 249 years remaining on the lease, with service charge of £981 per annum and ground rent charge of £170 per annum.
For more information, contact north property group today
North Property Group is an independently owned sales, lettings and property agency with more than 20 years of experience. We work exclusively for the benefit of our clients to help you buy, sell, let or rent the best properties across the UK.
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More information
Listed by
North Property Group Ltd
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