Initial price	£38,500
07/08/24	£39,500
04/04/25	£38,000
Price Change	-1.30%

This is an investment opportunity for cash buyers in a student accommodation development in Manchester, one of the UK's biggest university cities. The property is a fully furnished double room with an en-suite bathroom, located on the second floor of the development, which offers luxury communal facilities such as a gym, laundry, and 24-hour CCTV. The room is situated in the revitalized Chapel Street area, close to universities such as the University of Salford, Manchester Metropolitan University, and The University of Manchester. The property is tenanted and generates an annual gross rent of £8,496, with a net income of £2,987.92 and a gross yield of 22.36%. The service charge figures are subject to change, and the property is available for cash buyers only.