Fantastic opportunity to make 6% annual income for investors or high spec living for owner occupiers. Grove house is truly designed for modern city living and being only a two minute walk from the closest tram stop this, development is all about location!
Leaving its commercial roots behind, Grove House has been converted into modern, functional residential apartments for both young professionals and families.
The site is located in the established residential area of Old Trafford, just 1.7 miles South West of the City Centre and is adjacent to Trafford Bar Tram stop, providing easy access to the city, Old Trafford football and cricket grounds and Media City.
Architects have designed each apartment with today’s discerning tenant in mind, offering well planned accommodation with enough room to socialise and live. The contemporary fixtures and fittings are designed specifically for Grove House to provide a stylish and resilient finish to each apartment.
The apartment is currently tenanted and will continue to be let and fully managed by Harper Brooks residential lettings. This offers a great opportunity for investors looking for a hands free Buy to Let apartment, with investors expecting to achieve an annual yield of circa 6%.
Manchester is an extremely popular city with a strong rental market. A recent rise in the average annual rent has been fuelled in part by a population increase of 19% over the last decade. Property values have also enjoyed strong growth over the last 5 years, with the HS2 rail link only helping to broaden the appeal of Manchester and make Grove House a wise choice for the savvy buy to let investor.
There is just one, 2 bed apartment currently available and it is likely to sell quickly due to the price, location and yield on offer. Contact us today and speak with one of our experienced consultants for an informative, no obligation chat about the available apartment and see if it matches your needs.