1 bedroom flat for sale
Hulme Street, Salford M5
flat
bedroom
Property photos
+8
Property description
Pure Investor is delighted to bring to the market this 1-bed, 3rd-floor apartment in the very popular Local Crescent residence in Salford. Being one of the larger 1-bed apartments in the developments the living/kitchen space is particularly big and offers space for dining, cooking, and entertaining. The apartment comes with a tenant in situ who is currently paying £950.00pcm. We believe the current market rate for the apartment would be around £1,100.00pcm.
Local Crescent is a stand-out development from renowned Salford-based developers Salboy which offers the next level of luxe living for those looking to live or invest in Salford. The facilities on site include a heated swimming pool, cinema room, yoga studio, gym, laundrette, courtyard gardens, 24hr concierge, solarium, sauna & spa.
The apartment itself is located on the third floor with views back over Salford town centre & has a contemporary finish with best-in-class fittings. The accommodation comprises; an open plan living room/kitchen with breakfast bar, ample storage, large bedroom with a Jack & Jill bathroom suite.
Ideally situated just a few minutes walk to the City Centre, yet still within easy reach of Salford University, The Royal Hospital & Media City. This apartment really offers everything you need!
Investment Information
Full address: Flat 314, Block C, Local Crescent, Salford, Manchester M5 4ZH
Number of bedrooms: 1
Number of bathrooms: 1
Purchase price: £189,950.00
Rent per month: £950.00
Annual rental income: £11,400.00 per annum
Service charge: £1,972.56 per annum
Ground rent: £168.00 per annum
Gross yield: 6.0%
Net yield: 5.4%
Expected rental income (current market rate): £1,100.00 pcm
Expected gross yield: 6.95%
Expected net yield: 6.25%
Leasehold: 250 years remaining from 5th October 2020.
Council tax band: A
EPC: B (83)
Payment Plan
Reserve your unit with a signed reservation form Sourcing fee of £2,500 + VAT (50% paid upfront & the remaining 50% paid upon completion)
Provide certified ID, proof of address and proof of funds to Pure Investor
Solicitors instructed
Remaining balance due on completion
Local Crescent is a stand-out development from renowned Salford-based developers Salboy which offers the next level of luxe living for those looking to live or invest in Salford. The facilities on site include a heated swimming pool, cinema room, yoga studio, gym, laundrette, courtyard gardens, 24hr concierge, solarium, sauna & spa.
The apartment itself is located on the third floor with views back over Salford town centre & has a contemporary finish with best-in-class fittings. The accommodation comprises; an open plan living room/kitchen with breakfast bar, ample storage, large bedroom with a Jack & Jill bathroom suite.
Ideally situated just a few minutes walk to the City Centre, yet still within easy reach of Salford University, The Royal Hospital & Media City. This apartment really offers everything you need!
Investment Information
Full address: Flat 314, Block C, Local Crescent, Salford, Manchester M5 4ZH
Number of bedrooms: 1
Number of bathrooms: 1
Purchase price: £189,950.00
Rent per month: £950.00
Annual rental income: £11,400.00 per annum
Service charge: £1,972.56 per annum
Ground rent: £168.00 per annum
Gross yield: 6.0%
Net yield: 5.4%
Expected rental income (current market rate): £1,100.00 pcm
Expected gross yield: 6.95%
Expected net yield: 6.25%
Leasehold: 250 years remaining from 5th October 2020.
Council tax band: A
EPC: B (83)
Payment Plan
Reserve your unit with a signed reservation form Sourcing fee of £2,500 + VAT (50% paid upfront & the remaining 50% paid upon completion)
Provide certified ID, proof of address and proof of funds to Pure Investor
Solicitors instructed
Remaining balance due on completion
Interested in this property?
Council tax
First listed
Over a month agoEnergy Performance Certificate
Hulme Street, Salford M5
Marketed by
Pure Investor - Pure investor The Forum Tameside Business Park, Windmill Lane, Denton, Manchester M34 3QSPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Hulme Street, Salford M5 - Streetview
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