Initial price	£175,000
13/06/24	£170,000
Price Change	-2.86%

This one-bedroom apartment is situated on the raised ground floor of the prestigious Langley Building in Manchester's vibrant Northern Quarter, a stone's throw from Piccadilly Train Station and Piccadilly Gardens. The property is currently tenanted until April 2025, offering a secure investment opportunity. The apartment features a spacious master bedroom, a modern family bathroom, and a partly integrated kitchen, with the added benefit of high ceilings and large windows that fill the space with natural light. The property comes with a 250-year lease from 2006, a ground rent of £100, and a service charge of £2000 per year. It is currently achieving a rental income of £700 PCM, with the potential to reach up to £950 PCM, providing a gross yield of 6.5% and a net yield of 5.3%. The apartment is a desirable living space within one of Manchester's most sought-after addresses.