One-bedroom flat in well-maintained building

This is a studio "pod" style flat within a professionally managed building, offering a bedroom, sitting room, and washing facilities. Residents have shared access to a fitness gym, laundry, and communal kitchen areas. The property is situated in a high-demand rental location, approximately 2 miles from Manchester City Centre and just over 1 mile from the main campus of the University of Manchester and Manchester University Metro Campus. There are eight university and college campuses within a two-mile radius, and excellent transport links. This is a serviced accommodation with a 150-year leasehold, with 144 years unexpired. It is located opposite Alexandra Park, between Fallowfield and Manchester City Centre. The property is within close proximity to local shops and amenities, with the open spaces of Alexandra Park nearby. Transport links include Manchester Oxford Road and Deans Gate rail stations. The property is currently let at £550pcm (£6,600 per year), offering a gross ROI of approximately 26% and a yield of approximately 41%. The tenancy is a Short Assured Tenancy (SAT).