*INVESTMENT OPPORTUNITY* Located in the heart of the City Gate area of Salford, this charming fourth floor apartment offers a perfect blend of convenience and comfort. The property boasts one spacious bedroom; and is rented to long term residents, on a fully furnished basis. This fantastic investment opportunity achieves a desirable 8.8% yield. The highlight of this property is the inviting open-plan living area, which features a large floor to ceiling window creating a welcoming bright and airy atmosphere throughout. The modern kitchen is equipped with all the necessary appliances for your convenience. Only a few minutes from the heart of Deansgate, its prime location close to shops, restaurants, and public transport links, this apartment is ideal for both new and experienced investors.
Service Charge: £1,641 PA Ground Rent: £159.15 PA Leasehold: 126 years left on the lease.
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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