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2 bedroom apartment for sale
Devonshire Point, 41 Devonshire Road, Eccles, Manchester, M30 0SW
£95,000
Devonshire Point, 41 Devonshire Road, Eccles, Manchester, M30 0SW
£95,000
Our Summary
- Excellent investment opportunity
Description
This second-floor apartment at Devonshire Point is a hands-off investment opportunity, already tenanted with a professional letting agent in place. The property features two spacious double bedrooms, a modern bathroom, and an open-plan kitchen/dining area. Located in a highly desirable area, the apartment is close to Salford Royal Hospital, Trafford Park, universities, and Manchester's city centre, making it appealing to young professionals. The area is also close to Salford Quays, with its entertainment, leisure, and dining options. The property offers a gross yield of 11.37% and a net yield of 6.62%, making it an attractive investment opportunity. The local economy is expected to grow significantly over the next two decades, with a forecasted 46% growth and 40,000 new jobs by 2040.