Abito Greengate (1), Manchester

1 / 5
Acquired Apr 2018
Bedrooms 1
Bathrooms 1
Value £110,000
Monthly rent £625
Net rental yield 4.24%
Yield information

Abito Greengate (1) is a refurbished studio apartment, that provides affordable accommodation within the Manchester Inner Ring Road.

The Abito development, due to its innovative design, has brought an exciting feel to studio apartments. As well as features including stylish furniture and an excellently spaced kitchen area, the apartment’s large floor to ceiling windows lead to the generously sized first floor balcony, allow plenty of natural light to enter.

Ten minutes from Deansgate, Market Street and Victoria Station, Abito is perfectly situated, allowing tenants to access everything Manchester has to offer.

Part of the Regional Capitals fund

Properties 53
Portfolio value £9.9m
Gross rental income per month £48,322*
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*Past performance is not a reliable indicator of future returns. Learn more about these figures.

Capital at risk

As with all investing, your capital is at risk. You may not be able to sell your investment within a reasonable timeframe. Investments are made through REITs. Rental yields and dividends may be lower than estimated.

You should note that tax treatment depends on the individual circumstances of each customer and may be subject to change in future. Bricklane does not give financial advice. If you are unsure about whether investment is right for you, you should seek independent advice before investing, including tax advice.