Hotel investment opportunity
By Quartico Investments LTD
£ 90,000
Reviews
3 out of 5 stars
Quartico Investments LTD says ..
Priced at £100,000, this hands-off investment provides a guaranteed 10% NET YIELD for a 5 and 10 year length.
Property Oracle says ..
This flat, located on Nicholas Street in Manchester’s Deansgate, presents a potential investment opportunity. The property is listed as a flat with one bedroom and zero bathrooms. While the square footage is not provided, the images suggest a modern, well-maintained interior. The location is a significant advantage, with proximity to transportation hubs like Manchester Oxford Road and Manchester Piccadilly stations, as well as educational institutions such as Abbey College Manchester and The Manchester Metropolitan University. Nearby listings indicate a range of apartment prices in the area. Given the condition and location, this property could be an attractive option for investors or individuals seeking a centrally located residence.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 9
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 0
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 377,234.00 £Increased by 17.59 %
- Average area rental value
- 1,954.00 £/moIncreased by 12.69 %
- Est rental Yield
- 6.22 %Decreased by 4.16 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Quartico Investments LTD created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Abbey College Manchester | Other Independent School | 0.50 KM | |
| The Manchester Metropolitan University | Higher Education Institutions | Outstanding | 0.88 KM |
| Chetham'S School Of Music | Other Independent School | 0.89 KM | |
| The Cooperative College | Miscellaneous | 0.89 KM | |
| Royal Northern College Of Music | Higher Education Institutions | 1.18 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Nicholas Street | £ 0 | 0 | 0.00 KM |
| Sackville Street | £ 0 | 0 | 0.00 KM |
| St Peter's Square | £ 0 | 0 | 0.00 KM |
| Atwood Street | £ 0 | 0 | 0.00 KM |
| Chancery Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manchester Oxford Road | 2966 | MCO | 0.52 KM |
| Manchester Victoria | 2970 | MCV | 1.02 KM |
| Manchester Piccadilly | 2968 | MAN | 1.08 KM |
| Deansgate | 2963 | DGT | 1.25 KM |
| Salford Central | 2798 | SFD | 1.66 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hotel investment opportunity | £ 90,000 | BUY | 6 / 10 | 0.00 KM |
| Arthouse, 43 George Street, Manchester | £ 195,000 | BUY | 5 / 10 | 0.05 KM |
| George Street, Manchester, M1 | £ 210,000 | BUY | 5 / 10 | 0.06 KM |
| Art House, 43 George Street, Manchester, M1 | £ 165,000 | BUY | 6 / 10 | 0.06 KM |
| George Street, Manchester, Greater Manchester | £ 150,000 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 43 Richmond Street | £ 290,000 | 0.37 KM |
| 49 Richmond Street | £ 189,950 | 0.37 KM |
| 47 Richmond Street | £ 165,000 | 0.37 KM |
| 45 Richmond Street | £ 129,500 | 0.37 KM |
| 14 Turner Street | £ 365,000 | 0.66 KM |