The University of Manchester has more than 39,000 students and is the largest single site university in the UK. Established in 1824, the university is one of the most prestigious in the country and is ranked 28th in the Complete University Guide 2015.
The Manchester Metropolitan University is the largest undergraduate university in the UK with over 37,000 students enrolling. The university is currently ranked 73rd in Complete University Guide 2015 and is also within the top 20 universities in the UK for teaching standards.
The property is located just 0.3 miles from the University of Manchester, 2 miles from Manchester Metropolitan University and 4.3 miles from Salford University. The area is well serviced by local bus routes, ensuring that all of the universities and the city centre are accessible in minutes.
The property has achieved 100% occupancy year-on-year, tenanted for the 2014-15 academic year and is fully managed by a specialist local operator. The boutique student house is finished to a high standard and features of the property include a kitchen and lounge area, study area and a family bathroom, in addition to a garden with decking and a BBQ. This is all complemented by high speed internet and a flat screen television. The property is sold furnished.Parking: On Street
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Principal International are delighted to offer investors an exciting new student property investment in Manchester, home to the largest student population in Europe.
This is a newly refurbished boutique student house with four double bedrooms providing purchasers with an excellent return on investment with 9.3% yield.
The property can be secured for £198,500 and can be mortgaged* reducing your capital input.
*Finance is not guaranteed and is subject to status and valuation.
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