1 bedroom apartment for sale

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1 bedroom apartment for sale

29 New Bailey Street, Salford, M3 5GN
£215,000

Our Summary

  • yieldit are proud to present to the market this fabulous investment opportunity
  • Tenanted Investment Opportunity

Description

This fantastic investment opportunity is a fully furnished apartment in the desirable New Bailey Street development, located in the heart of Manchester's city centre. The property boasts a high-specification kitchen, open-plan living area with floor-to-ceiling windows, double bedroom, and stylish main bathroom. With a tenant in situ generating £1,275 per month, this property offers a lucrative return on investment. The development offers a range of luxurious amenities, including a 24-hour concierge, gym, social lounges, and more. The location is perfect, with easy access to public transport links, award-winning restaurants, shopping, and entertainment facilities. Manchester is a thriving city with a growing population and high rental demand, making this property an excellent addition to any portfolio. The financial breakdown shows a gross yield of 7.12% and a net yield of 5.86%, making this a highly attractive investment opportunity.