2 Bedrooms Flat for sale in Block 11 Spectrum, Blackfriars Road, Salford M3 | £ 254,500
Overview
| Price: | £ 254,500 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Greater Manchester |
| Town: | Salford |
| Postcode: | M3 |
| Address: | Block 11 Spectrum, Blackfriars Road, Salford M3 |
| Bathrooms: | 2 |
| Bedrooms: | 2 |
Property Description
This spacious 2 bedroom apartment is situated on the 6th floor of the sought-after development - Spectrum.
The apartment comprises of a modern open plan living area, high spec fully integrated kitchen and private balcony offering great city views. The two bedrooms are both a great size, with the master benefiting from a chic en-suite bathroom, as well as there being a separate shower room. The apartment further benefits from ample storage space including a separate utility cupboard, as well as being double glazed throughout and offered fully furnished!
Spectrum is a well-located development in the City Centre and only a few minutes’ walk from Deansgate and the new Greengate embankment, a major new regeneration area set to breathe new life into the historic relationship between Salford and Manchester. The development itself is highly sought after and benefits from a 24hr concierge as well as being under a 10-minute walk to Salford Central Station. Spectrum's location also affords it excellent access to a range of major road networks, including the Manchester inner ring road, M60 and M62. In addition to this, residents can choose from a variety of public transport links, with Victoria Station in close proximity to offer both national rail links and metro links across Greater Manchester.
The area of Salford is not a place that stands still – ambitious regeneration and development programmes such as MediaCityUK continue to inspire investors and developers and ensure that the city is one of the uk’s most determined, innovative and creative business destinations, making for a great investment! If there wasn’t enough of a reason to become apart of the ever-growing property market in the area, house prices have also risen by over £44,000 (over 36%) in the last 5 years alone (Zoopla – November 2018) making for a wise lucrative investment!
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £11,940
Ground rent: £303
Service charge: £2,129
Lettings fees: £1,075
Net income: £8,433
Gross yield: 4.69%
Net yield: 3.31%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-12966
Property Location
Property Marketed by Yieldit
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