2 bed Flat For Sale £123,250
Yieldit are pleased to offer an ideal investment opportunity, sold with tenants in situ providing immediate return on investment and fantastic potential for capital growth. The two bedroom first floor apartment comes with parking and is located in a very popular development just off Eccles New Road in Salford. Ideally situated for easy access to convenient transport links with Weaste Metrolink stop just a two-minute walk providing direct links to Manchester city centre and connections all across Greater Manchester, as well as being a very short drive from the motorway network.
The property enjoys close proximity to Salford Royal Hospital, Trafford Park, the Universities of Salford and Manchester and Manchester’s cosmopolitan city centre meaning it appeals to a wide spectrum of tenant. Salford is becoming increasingly popular with young professionals due to its affordability combined with the abundance of local amenities and attractions on offer at the nearby Salford Quays, Mancheser’s unique waterfront destination with world-class entertainment and leisure facilities and a brilliant selection of restaurants, bars and shops.
Hyndman Court is situated just a quarter of a mile from the thriving commercial district of Salford Quays and MediaCityUK, which is home to over 8,700 businesses employing more than 127,000 people, meaning that there is sure to be a continuously high demand for rental property in the surrounding areas. Despite the extensive regeneration and investment that has already gone into MediaCityUK so far, it is expected to double in size of the next 10 years bringing more offices and employment opportunities, leisure facilities and public spaces which will only have a positive effect on property prices. Don’t miss out on this opportunity to invest and enquire today!
Financial Breakdown
Gross rent: £7,200
Service charge: £1,200
Net income: £6,000
Gross yield: 5.84%
Net yield: 4.87%
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-07152
The property enjoys close proximity to Salford Royal Hospital, Trafford Park, the Universities of Salford and Manchester and Manchester’s cosmopolitan city centre meaning it appeals to a wide spectrum of tenant. Salford is becoming increasingly popular with young professionals due to its affordability combined with the abundance of local amenities and attractions on offer at the nearby Salford Quays, Mancheser’s unique waterfront destination with world-class entertainment and leisure facilities and a brilliant selection of restaurants, bars and shops.
Hyndman Court is situated just a quarter of a mile from the thriving commercial district of Salford Quays and MediaCityUK, which is home to over 8,700 businesses employing more than 127,000 people, meaning that there is sure to be a continuously high demand for rental property in the surrounding areas. Despite the extensive regeneration and investment that has already gone into MediaCityUK so far, it is expected to double in size of the next 10 years bringing more offices and employment opportunities, leisure facilities and public spaces which will only have a positive effect on property prices. Don’t miss out on this opportunity to invest and enquire today!
Financial Breakdown
Gross rent: £7,200
Service charge: £1,200
Net income: £6,000
Gross yield: 5.84%
Net yield: 4.87%
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-07152
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