1 bedroom apartment for sale

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1 bedroom apartment for sale

Vicus, 73-83 Liverpool Road, Manchester
£189,950

Price History

Initial price £195,000
28/07/24 £189,950
Price Change -2.59%

Description

Investors, take note! This one-bedroom apartment on the first floor of Vicus, just off Deansgate, is currently tenanted until July 2025 and generating a significant £1,200 rent per calendar month, providing a 7.5% gross yield. The property boasts a sunny enclosed verandah, perfect for morning coffee, and secure undercroft parking. The apartment itself is a great size, with a spacious living room, kitchen with integrated appliances, and a well-appointed bedroom with built-in wardrobe. The shower room is fully tiled with a walk-in shower, floating sink, and heated towel rail. With a 150-year lease from 2004, flat service charge of £957.62 per half year, and car park service charge of £39.35 per half year, this is an attractive investment opportunity for those looking to generate a strong rental income.