1 bed Flat For Sale £85,000
This one bedroom second floor apartment compromises of an entrance hallway; large double bedroom to the right, a three piece family bathroom with electric shower over the bath, a large living room and open plan fully fitted kitchen; allocated parking space.
This property has a range of amenities nearby including shops, cafes, bars and restaurants. There are also two parks practically on its doorstep, providing a peaceful setting for tenants to relax on sunny days. Lord Street is ideally located only a 30 minute walk away from Manchester city centre. Manchester is renowned for its range of entertainment, rich history and culture with an abundance of cinemas, live music venues, comedy clubs, theatres and museums - it's easy to see why Manchester is one of the fastest growing cities in Europe and why it has once again been named the best city in the UK to live in.
Salford is a dynamic commercial centre, home to more than 8,700 businesses which employ over 127,000 people. The city is integral to Greater Manchester's economy, the economic powerhouse of the North West of England. Salford’s economy has grown by more than 12% since 2004, as well as house prices seeing an increase of over 27% in the last five years (Zoopla – September 2019). Salford’s great location, supported by excellent transport connections to major cities across the UK and Europe, makes it an ideal base to live, work and invest. Salford has now seen regeneration worth over £100m being injected into the area over the past 10 years. This includes the likes of the £10m Chapel Street Corridor transformation (Salford’s gateway to Manchester) and the current £650m regeneration scheme of Salford Central.
Financial Breakdown
Gross rent: £6,000
Ground rent: £297
Service charge: £1,578
Lettings fees: £576
Net income: £3,549
Gross yield: 7.06%
Net yield: 4.18%
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-11599
This property has a range of amenities nearby including shops, cafes, bars and restaurants. There are also two parks practically on its doorstep, providing a peaceful setting for tenants to relax on sunny days. Lord Street is ideally located only a 30 minute walk away from Manchester city centre. Manchester is renowned for its range of entertainment, rich history and culture with an abundance of cinemas, live music venues, comedy clubs, theatres and museums - it's easy to see why Manchester is one of the fastest growing cities in Europe and why it has once again been named the best city in the UK to live in.
Salford is a dynamic commercial centre, home to more than 8,700 businesses which employ over 127,000 people. The city is integral to Greater Manchester's economy, the economic powerhouse of the North West of England. Salford’s economy has grown by more than 12% since 2004, as well as house prices seeing an increase of over 27% in the last five years (Zoopla – September 2019). Salford’s great location, supported by excellent transport connections to major cities across the UK and Europe, makes it an ideal base to live, work and invest. Salford has now seen regeneration worth over £100m being injected into the area over the past 10 years. This includes the likes of the £10m Chapel Street Corridor transformation (Salford’s gateway to Manchester) and the current £650m regeneration scheme of Salford Central.
Financial Breakdown
Gross rent: £6,000
Ground rent: £297
Service charge: £1,578
Lettings fees: £576
Net income: £3,549
Gross yield: 7.06%
Net yield: 4.18%
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-11599
