2 bed Flat For Sale £350,000
Yieldit are pleased to offer to the market the opportunity to purchase this beautiful apartment located in the highly desirable Local Crescent development which was recently brought to life in 2020 by prestigious developers, Salboy. The apartment complex offers an impressive range of onsite facilities such as a heated swimming pool, gymnasium, solarium, sauna & spa, cinema room, courtyard garden, rooftop terrace, beautiful communal areas and a 24-hour concierge which places it amongst the top few extremely luxurious developments within the city.
The tenth-floor apartment has been completed to an impeccable standard throughout, featuring high-quality fixtures and fittings, several floor-to-ceiling windows and a fantastic balcony offering breathtaking views of the city. The apartment boasts 791 square feet of living space, a spacious open-plan living area, a dining area, a stunning kitchen and two well-proportioned bedrooms with fitted wardrobes and stylish Jack and Jill bathrooms.
The Crescent is positioned on the outskirts of Manchester city centre in the rapidly developing area of Salford Crescent. Just a short walk from the development you will find independent shops and eateries along with all of the restaurants, bars and shops which can be found at Spinningfields and Deansgate. Excellent transport links are available from the nearby Salford Crescent train station.
Salford Crescent will benefit from £2.5billion of investment over the next 10 years to establish the area as a globally recognised destination and create commercial innovation floorspace, learning facilities, a multistorey movement hub and new cafes, shops and drinking establishments. Given this, now is the perfect opportunity to invest.
Financial Breakdown
Gross rent: £15,000
Ground rent: £250
Service charge: £2,722
Net income: £12,028
Gross yield: 4.29%
Net yield: 3.44%
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-06863
The tenth-floor apartment has been completed to an impeccable standard throughout, featuring high-quality fixtures and fittings, several floor-to-ceiling windows and a fantastic balcony offering breathtaking views of the city. The apartment boasts 791 square feet of living space, a spacious open-plan living area, a dining area, a stunning kitchen and two well-proportioned bedrooms with fitted wardrobes and stylish Jack and Jill bathrooms.
The Crescent is positioned on the outskirts of Manchester city centre in the rapidly developing area of Salford Crescent. Just a short walk from the development you will find independent shops and eateries along with all of the restaurants, bars and shops which can be found at Spinningfields and Deansgate. Excellent transport links are available from the nearby Salford Crescent train station.
Salford Crescent will benefit from £2.5billion of investment over the next 10 years to establish the area as a globally recognised destination and create commercial innovation floorspace, learning facilities, a multistorey movement hub and new cafes, shops and drinking establishments. Given this, now is the perfect opportunity to invest.
Financial Breakdown
Gross rent: £15,000
Ground rent: £250
Service charge: £2,722
Net income: £12,028
Gross yield: 4.29%
Net yield: 3.44%
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-06863
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