1 bedroom apartment for sale

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1 bedroom apartment for sale

City Gardens, 3B, Spinners Way, Manchester, M15 4SP
£175,000

Price History

Initial price £195,000
27/04/25 £175,000
Price Change -10.26%

Description

This luxurious second-floor apartment in Manchester's trendy Castlefield neighborhood offers a fantastic investment opportunity, generating a net yield of 6.95%. The apartment boasts a high-spec finish, open-plan living area, floor-to-ceiling windows, and a spacious private balcony that fills the space with natural light. Located in the Manchester Gardens development, the apartment is within walking distance of the city center, yet still enjoys access to green spaces, canals, and excellent transport links. The area has undergone significant regeneration, with property prices increasing by 30% in the last year and 51% since 2019, making it a lucrative investment hotspot. With a gross rent of £13,800 and net income of £12,162, this property presents a rare opportunity for investors to capitalize on the area's growth and potential for long-term returns.