£250,000
2 bed flat for sale
Halo House, 27 Simpson Street, Manchester M4Leasehold
2 beds
2 baths
1 reception
EPC Rating: C
Key information
Tenure
Leasehold (293 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
About this property
Sold With Tenants In Situ
Two Double Bedrooms
Part of the noma Development
EWS1 Form
Great Location
Open Plan Living
Fantastic Transport Links
Modern High Standard
Halo House, 27 Simpson Street, Manchester, M4 4Gb
Yieldit are delighted to introduce to the market this incredible investment opportunity producing an impressive return of 5.97% net. Impeccably placed in the heart of the noma neighbourhood at the northern gateway to the city centre, this is the perfect location to invest with the billion-pound noma regeneration scheme providing a huge selection of new offices, shops, public areas and unrivalled amenities ensuring consistently high rental demand, impressive returns and excellent scope for capital appreciation.
This stylish 4th floor apartment forms part of the attractive red brick Halo House development and is finished to a high specification throughout. Briefly consisting of; spacious open plan living area with floor to ceiling window with kitchen and dining area; two good-sized double bedrooms; ensuite to the master; balcony; bathroom with three-piece suite and shower over bath.
Halo House is centrally located in Manchester’s vibrant and cosmopolitan city centre, close to the iconic Northern Quarter and within easy reach of Deansgate, Spinningfields, Arndale Shopping Centre, Corn Exchange and Exchange Square. The Metrolink, Victoria and Piccadilly stations are easily within walking distance meaning residents are spoilt for choice with the endless amenities and transport facilities on offer.
This is an investment opportunity not to be missed, with Halo being one of the very few developments in the city centre permitting short term lets which can dramatically improve the return and make for an extremely lucrative investment. Don’t miss out and enquire today to find out more. Note letting and management fees may apply.
Financial Breakdown
Gross Rent: £16,800.00
Net income: £14,826.26
Gross yield: 6.72%
Net yield: 5.93%
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-07833
Local area information
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Property timeline
Listed
July 2024
£250,000
More information
Listed by
Yieldit
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