Initial price	£240,000
04/04/25	£235,000
18/04/25	£225,000
Price Change	-6.25%

This 10th floor, 1-bedroom, 1-bath apartment in the Novella development in Manchester's New Bailey area offers a luxurious living experience. With a total area of 474 square feet, the property boasts a 6.38% rental yield at £1,250 per month, projected to increase to 6.64% at £1,300 per month. The apartment is currently tenanted until July 2025 and is available to both investors and owner-occupants. As a leasehold property, it has 239 years remaining on the lease, with a service charge of approximately £1,981.26 per annum. The property is well-located near the city's tech, media, and culture cluster, Enterprise City, and the £1 billion St John's regeneration project, making it an attractive option for those looking for a modern and convenient living space.