Outside
Outside
Kitchen
Lounge
bathroom
bedroom
bedroom
1 of 7

Great investment opportunity in Greater Manchester with a guaranteed gross yield of 6% for 2 years

£208,000
Apartment
VES-M5-590

Features


USE
Residential

TENURE
Leasehold

PRICE
£208,000

RENT PER ANNUM
£12,480

GROSS YIELD
6%

1 bedroom

1 bathroom

1 reception room

490

Unfurnished

Vacant

Leasehold Details

  • Length of lease: TBC
  • Ground rent: £300
  • Service charge: £1,744

Tenancy Details

  • Tenancy type: Vacant
  • Guaranteed gross yield of 6% for 2 years

This beautiful new development also features onsite facilities such as a fitness centre, private cinema, CCTV and much more.

Documents available on request, please contact for viewings or further questions

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.


About Salford, Manchester

Salford is a town located in North West England that is part of the county of Greater Manchester and west to the city of Manchester. This property is on the outskirts of the Salford area and just a short 1.8 miles away from the centre of Manchester.

This area is perfectly situated for great transport links to destinations in and around the Greater Manchester area. Salford Central is the closest station and only 0.8 miles away up the road from this property. This train station is served by trains departing from Manchester’s main station Manchester Victoria, which is less than 2 miles away. Services form Manchester Victoria station can take passengers throughout Northern England to destinations such as Blackburn, Rochdale, Leeds, Newcastle, Wigan and Liverpool to name a few. Getting around the city via public transport could not be easier, with the assistance of Manchester’s famous Metrolink Tram, that has over 90 stops throughout the Greater Manchester area.

This area being placed so close to the city centre means it is perfect for all the shopping and entertainment needs that one may have. Just a quick hop over the River Irwell and you will find yourself in the heart of Manchester’s Central Retail District. This area is filled with several restaurants and bars, as well as its extensive options of stores. In addition, there are also many cultural attractions around this area, including Manchester’s Opera house, Albert square and multiple museums.

There are many job opportunities within the Greater Manchester area and has very high levels of commuters that travel in to town for work every single day. The Greater Manchester area is home to many big corporation’s headquarters, as it is seen as the growing hub for business in the North West region and is known as the main regional centre for public services. Companies such as Google, BBC, The Co-Operative Group, Kellogg’s and Thomas Cook run large parts of their operations all from the heart of this buzzing city.

This beautiful new development also features onsite facilities such as a fitness centre, private cinema, CCTV and much more

Ordsall Lane,

Salford,

Greater Manchester,

England,

M5 4XR


Performance

GROSS RENTAL YIELD
6%
RENT PER ANNUM
£12,480
HPI GROWTH (5 YRS)
39.7%

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