2 bedroom apartment for sale

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2 bedroom apartment for sale

Endeavour House, 1B Elmira Way, Salford M5
£146,000

Our Summary

  • Excellent investment opportunity
  • Yieldit are pleased to welcome to the market a wonderful investment opportunity
  • Sold with tenant in situ and generating £1050pcm rental income with good scope to increase, this is an opportunity not to be missed

Description

This is an excellent investment opportunity in Salford Quays, a sought-after area with easy access to MediaCityUK and Manchester city centre. The property is a top-floor, two-bedroom, two-bathroom apartment with a balcony, currently generating £1,050 per month in rental income. The apartment is located in a low-rise, purpose-built block with secure intercom entry and is situated in a prime location for young professionals, with many businesses and employers in the area. The property has a gross yield of 8.63% and a net yield of 5.7%, making it an attractive investment opportunity. The area is experiencing high demand, with many young professionals looking to rent in the area, making it an excellent time to invest in this property.
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