£170,000
2 bed end terrace house for saleRomney Street, Salford M6
2 beds
1 bath
2 receptions
About this property
Two-bedroom end-terrace property
Investment opportunity with tenants in situ
Currently achieving £1,231 pcm rental income
Serco lease renewal potential
Potential for increased rental income
Two reception rooms
Second reception used as a third bedroom
Re-tiled roof completed last year
Popular salford location
Ideal investment opportunity
Currently generating £1,231 per calendar month, the property provides an immediate rental income from day one. There is also the opportunity to renegotiate the existing agreement with Serco for a further five-year full repairing lease, with the potential to increase the rental income, making this an attractive proposition for both seasoned and first-time investors.
The accommodation is both spacious and versatile, briefly comprising an entrance hallway, two reception rooms, one of which is currently being utilised as a third bedroom, offering flexibility to maximise the property's rental potential. There is also a fitted kitchen, while the first floor boasts two generous double bedrooms and a family bathroom.
A significant recent improvement is the re-tiled roof, completed last year, providing added reassurance and reducing the likelihood of major maintenance costs in the near future.
Situated in a highly sought-after Salford location, the property is within easy reach of Manchester City Centre, Salford Quays and MediaCityUK, with excellent public transport links, local amenities and schools all close by. The area continues to experience strong tenant demand, making it a popular choice for investors looking for reliable, long-term rental prospects.
Properties offering an established rental income, strong future yield potential and a secure, long-term lease opportunity are rarely available. Early enquiries are strongly recommended to avoid disappointment.
Property Ownership Information
Tenure
Freehold
Council Tax Band
A
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
Mortgage calculator
£850 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



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