2 bedroom apartment for sale

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2 bedroom apartment for sale

Devonshire Point, 41 Devonshire Road, Eccles, M30 0SW
£105,000

Our Summary

  • Fantastic buy to let investment opportunity, ground floor apartment briefly comprises of; Two generous sized double bedrooms, one modern bathroom and open plan kitchen/dining area
  • Tenanted investment opportunity

Description

This fantastic buy-to-let investment opportunity is a ground floor apartment with two double bedrooms, one modern bathroom, and an open-plan kitchen/dining area. The property is already tenanted and has a letting agent in place, making it a hands-off investment. Located in Salford, it's close to Salford Royal Hospital, Trafford Park, and Manchester's city centre, making it appealing to a wide range of tenants. The area is expected to experience significant growth over the next two decades, with forecasts showing a 46% increase in the local economy and a 16% increase in employment levels. The property generates a gross rent of £9,540 and a net income of £6,110, resulting in a gross yield of 9.09% and a net yield of 5.82%.