The Bank, BL11HA1-bed studio for sale in Sales

About this property

Prime Investment Opportunity – Fully Let Apartment Near University of Greater Manchester

A fantastic investment property with a strong, reliable rental history, offering immediate income and low management hassle. Perfect for buy-to-let investors seeking a centrally located, fully managed property.

Investment Highlights:

Current Rent: £125 per week (46 weeks per year)

Recent Rental Income: £2,000 (07/01/2026 – 28/04/2026)

Management Fee: 11% + VAT – professionally handled by Primo, National Code accredited

Ground Rent: £350 per annum

Service Charge: £1,859.11 per annum (RMG building managers available for support)

Tenancy:

Fully let to a reliable tenant

Payments have always been made on time

Lease length and tenant details available on request

Location:
Centrally located, just a short walk from the University of Greater Manchester, ensuring strong demand from students and professional tenants alike.

Building & Facilities:

Secure electronic key fob access and CCTV in communal areas

Laundry facilities (charges apply)

Free high-speed WiFi (100 Mb)

This apartment offers investors a low-risk, income-generating asset with professional management in a prime student rental location.

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

Images are for illustrative purposes only and MAY show a similar unit within the development. The images MAY not reflect the exact apartment for sale. Please ask if you would like us to confirm if the images reflect the actual apartment.

Map