2 Bedrooms Flat for sale in Irwell Building, Lowry Wharf, Manchester M5 | £ 165,000
Overview
| Price: | £ 165,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Greater Manchester |
| Town: | Salford |
| Postcode: | M5 |
| Address: | Irwell Building, Lowry Wharf, Manchester M5 |
| Bathrooms: | 2 |
| Bedrooms: | 2 |
Property Description
This beautiful two bedroom apartment comprises of entrance hallway with three piece bathroom and shower over bath; open plan loung with double doors leading to a Juliet balcony; fully fitted kitchen to a high standard; one large double bedroom; a second large double bedroom with en suit. This apartment also comes fully furnished with a secure parking space.
This development puts residents within easy reach of the city centre, MediaCityUK and everything that Manchester has to offer, making this the perfect location for the droves of young professionals wanting to live and work in the city. This development has excellent transport links with bus, tram and train stops all within walking distance and motorway access just a short drive away. Manchester is renowned for its range of entertainment, rich history and culture with an abundance of cinemas, live music venues, comedy clubs, theatres and museums - it's easy to see why Manchester is one of the fastest growing cities in Europe.
Manchester's high rental yields, growing demand and capital growth are just a few reasons why it has been named one of the uk's best buy-to-let hotspots. Between July 2017 and July 2018, Manchester’s property prices rose by 5.6% and are expected to rise a further 18.1% by 2022. Manchester's growing population ensures that there will always be high demand for rental properties. Now is the perfect time to invest in this vibrant and exciting city.
Financial Breakdown
Gross rent: £10,200
Ground rent: £250
Service charge: £1,200
Lettings fees: £250
Net income: £8,500
Gross yield: 6.18%
Net yield: 5.15%
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-13492
Property Location
Property Marketed by Yieldit
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