1 bed flat for sale

Lower Broughton Road, Salford M7

Lower Broughton Road, Salford, M7 2Lp

Yieldit are pleased to offer to the market this second floor, one bedroom apartment which presents a straightforward residential investment opportunity in an established and increasingly sought after part of Salford. The property comprises one bedroom, one bathroom and one reception room, offering an appealing configuration for the rental market and a manageable proposition for investors looking to add a well located apartment to their portfolio. An allocated parking space is also included, within a gated car park.

Lower Broughton benefits from its close proximity to both Salford and Manchester city centres, providing access to a wide range of employment, education, retail and leisure facilities. The area has seen considerable residential development in recent years, attracting a growing population of tenants seeking convenient access to Manchester and Salford. Its proximity to the University of Salford and Manchester City Centre further supports the area's established rental market.

Salford remains a major focus for regeneration and inward investment, with substantial development continuing across the city. Ongoing investment in new housing, employment, infrastructure and amenities is contributing to the continued transformation of areas surrounding the city centre, including Broughton. The wider regeneration programme is expected to support further demand for housing as the area continues to develop.

Please note, this property may fall within an area where a Selective Licensing scheme applies., Financial Breakdown

Gross Rent: £12,000.00
Net income: £10,460.00
Gross yield: 8.57%
Net yield: 7.47%
Please contact agent for full financial breakdown.

Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08649