Studio flat for sale

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Studio flat for sale

X1 Chapel Street, 272 Chapel Street, Salford M3
£38,000

Our Summary

  • Amazing investment opportunity - perfect for investors and tenanted for immediate income
  • Enquire today - cash buyers only

Description

This is an investment opportunity for a double room in a student accommodation development in Manchester, UK. The room is fully furnished and comes with an en-suite bathroom, work station, and free Wi-Fi. The development, X1 Chapel Street, offers luxury communal facilities including a gym, laundry, and 24-hour CCTV. The property is located near universities and has great links to the city center, with easy access to public transportation and amenities. The current gross rent is £8,496 and the net income is £3,530, resulting in a gross yield of 22.36% and a net yield of 9.29%. The property is available for cash buyers only, and the seller is looking for a quick sale.
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