The investment opportunity is for a studio apartment located in Salford, with an asking price of £99,950. The apartment is a leasehold property with 136 years remaining on the lease, and the ground rent is £200 per annum. The service charge is £1,459 per annum. The property has an EWS1 certification and is eligible for cash purchase only. The current rent is £750 per month, with the option to rent the parking space for an additional £850 per month. The tenancy started on May 1st, 2024, and ends on May 1st, 2025, with a gross yield of 10.2% and a net yield of 8.5%.