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2 bed flat
Devonshire Point, 41 Devonshire Road, Eccles, Manchester M30
£105,000
Devonshire Point, 41 Devonshire Road, Eccles, Manchester M30
£105,000
Our Summary
- Excellent investment opportunity
Description
This second-floor apartment in Devonshire Point, Eccles, Manchester, is a hands-off investment opportunity already tenanted with a professional letting agent in place. The property boasts two spacious double bedrooms, a modern bathroom, and an open-plan kitchen/dining area, making it an ideal home for young professionals. Situated in a highly desirable location, it's close to Salford Royal Hospital, Trafford Park, universities, and Manchester's city centre, with easy access to Salford Quays' entertainment and leisure facilities. The area is experiencing significant growth, with forecasts predicting a 46% expansion in the local economy and 16% rise in employment by 2040. The property offers a gross yield of 11.14% and a net yield of 6.76%, making it an attractive investment opportunity.