Flat for sale in Salford M5, 2 Bedroom

We are please to present this new and modern 2-bedroom, 2 bathroom apartment. The bright 61 sq.M space features 2 large bedrooms, an en-suite bathroom and large bright reception room with a juliette balcony, perfect for professionals, a small family or a perfect investment opportunity.

This apartment is offered fully furnished and features lovely views for residents to enjoy. The apartment block offers a concierge and gym for residents to use as well as a beautiful communal garden.

Located 1.5 miles from Manchester city centre the residents will have Manchester Arndale Shopping Centre on the doorstep as well as being close to University of Salford and Salford Crescent train station, making for an easy commute.

As well as making a desirable home for tenants this apartment would also act as a fantastic investment opportunity.
Desirability of investment has boomed in Salford as well as property prices in the area are up by over 40% in the last five years alone (Zoopla, May 2018), and industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth – making now a fantastic time to invest!

Both Salford and Manchester are fantastic buy-to-let hotspots, with industry experts stating that there is room for regional house price growth of up to 30% in the next few years
Enquire today to not miss this investment opportunity!

Financial Breakdown

Gross rent: £12,000
Ground rent: £300
Service charge: £1,300
Lettings fees: £1,056
Net income: £9,344
Gross yield: 4.62%
Net yield: 3.59%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-12514