Salisbury Road, Eccles M30 3 bed flat for sale

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Salisbury Road, Eccles M30 3 bed flat for sale

Salisbury Road, Eccles M30
£49,950

Our Summary

  • Additionally, infrastructure-led investment studies suggest that homes close to major transport projects such as HS2 could see 10–20% premium uplift over time

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph without a list: This unique Room Based Investment (RBI) opportunity allows investors to purchase a share of the leasehold, essentially owning a designated room within a fully occupied flat, at a significantly lower price point than traditional buy-to-let ownership. The property is professionally managed, with tenants in place, and provides a hands-off, fully managed income stream with a guaranteed rent of £400 per month. The investment offers a gross yield of 9.61% and a net cash-on-cash return of 7.93% after service charge and ground rent. This RBI is ideal for cash investors seeking high-yield income, those looking for fully managed passive investments, and those priced out of traditional buy-to-let properties.