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Halo House, 27 Simpson Street, Manchester, M4 4GB

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • 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

Description

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: £14,916.00
Gross yield: 6.72%
Net yield: 5.97%
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
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Halo House, 27 Simpson Street, Manchester, M4 4GB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Manchester Victoria Station0.3 miles
  • Market Street Tram Stop0.4 miles
  • Mosley Street Tram Stop0.5 miles
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About the agent

yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

yieldit, Manchester

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-07833. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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