£190,000
2 bed flat for sale3 Craven Street, Salford M5
2 beds
2 baths
1 reception
EPC Rating: C
About this property
Tenanted Investment Opportunity
Two Bedroom Duplex Apartment
One Bathroom & One WC
Open Plan Living
Fitted Wardrobes
Two storage cupboards
High Modern Standard
4th Floor
Shops, bars and amenities nearby
Enquire today for further details
Yieldit are pleased to offer to the market this well positioned two bedroom duplex apartment, situated within a modern, high standard development in Salford and offering an attractive investment opportunity. The apartment benefits from lift access and provides well presented accommodation arranged over two levels.
The upper floor comprises two generously sized double bedrooms, both benefiting from fitted wardrobes, together with a modern bathroom featuring both a bath and separate shower. The lower level provides a bright and contemporary open plan living space, incorporating a high gloss fitted kitchen with dining and living areas, creating a practical and appealing space for both everyday living and entertaining. There is also a separate WC on this level, along with two useful storage cupboards providing additional practical storage.
Craven Street is well placed for access to Salford and Manchester city centre, with a wide range of shops, restaurants, employment opportunities and leisure facilities nearby. The area benefits from excellent transport links, making it convenient for commuters and professionals working across Salford and Greater Manchester. Salford's growing population and strong rental demand continue to support the appeal of residential property in the area.
Salford is undergoing substantial regeneration and investment, with the city council targeting the delivery of 40,000 new homes and 40,000 new jobs by 2040 across its strategic growth areas. Major regeneration projects are transforming areas of the city, including the Crescent, where a long term masterplan is being delivered to create new homes, jobs and improved amenities. City Centre Salford is also planned for significant residential growth, with around 10,460 new dwellings identified within the wider area.
Financial Breakdown
Gross Rent: £16,800.00
Net income: £11,587.52
Gross yield: 8.84%
Net yield: 6.1%
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-08615
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Tenure
Leasehold (245 years)
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