The Grand, Manchester

1 / 15
Acquired Nov 2016
Bedrooms 2
Bathrooms 1
Value £230,000
Monthly rent £1,200
Net rental yield 3.74%
Yield information

Located in a Grade II Edwardian building, The Grand is a spacious, light, two-bed conversion full of character.

Once one of Manchester’s most prestigious hotels, The Grand was converted into residential apartments by renowned architect, Ian Simpson. Amongst other features, the development offers a concierge, central winter atrium and a communal rooftop terrace which provides stunning views of Manchester.

In addition to being located in the heart of the city, The Grand is just a short walk from Piccadilly Gardens, Manchester Piccadilly and Market Street stations.

Part of the Regional Capitals fund

Properties 53
Portfolio value £9.9m
Gross rental income per month £48,322*
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Brindley House (3), Birmingham
Park Place, Leeds
The Mews, Manchester
The Riverside (1), Manchester
The Riverside (2), Manchester
and 42 other properties

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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.