*HIGH RENTAL YIELD* 3rd Floor 1-Bed Apartment in the Albert Vaults development. 398 Sq Ft. Subject to Contract.
Available to both Investors and Owner-Occupants. Currently 8.14% Rental Yield @ £950 PCM. Projected 8.57% Rental Yield @ £1000 PCM. Tenanted until JAN 2026.
Service Charge: Approximately £2670 PA Ground Rent: Approximately £350 PA Council Tax Band - A EPC Rating - B
Welcome to Albert Vaults A contemporary 8 storey block of apartments by Novo Property Group situated on the edge of Spinningfields. The building sits proudly in place of the previous ‘Albert Vault Pub’ which we believe to be a hot spot for the locals, dating back to 1872. The apartments have been completed to a high standard throughout with integrated appliances, floor to ceiling windows offering an abundance of natural light, sleek designs throughout, a modern design internally/externally, spacious high spec bathroom suites and must be viewed to be appreciated.
Close to an array of facilities including the well-known restaurants/bars; Menagerie, The Ivy , Australasia, San Carlo, 20 Stories and the list goes on. The location is a shopaholic’s dream with The Arndale and Selfridges within 10 minute’s walk. This also caters perfectly for any commuter as the apartments are a stone’s throw from Salford Central station which is just across the road and also within close proximity to Victoria Station which again is only minutes away.
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.
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