The Oaks, 157 Bury Old Road, Salford, M7 4QW

yieldit are pleased to present this unique ground floor duplex apartment with its own entrance, which is perfectly situated in a lovely peaceful and private development set back from the road with residents parking. This will make a fantastic addition to any sized portfolio and can generate the new owner an impressive return of 6.35% NET right from completion, in the lucrative investment hotspot of Salford, Greater Manchester.

Internally, the property consist of entrance hallway, spacious lounge, kitchen with a range of wall and base units, utility cupboard and stairs lead downstairs to the three well-proportioned bedrooms double bedrooms and the main bathroom with three-piece suite and shower over bath. Located on Bury Old Road, the property is ideally located close to a wealth of amenities, green spaces, North Manchester General Hospital and transport links. Manchester city centre is just a 10 minute drive making this the ideal accommodation for the city’s working professionals which will ensure this property will continue to be in high demand on the rental market.

Salford, Greater Manchester is an unrivalled location for investment, with price growth being higher than the national average and providing high rental yields and good potential for capital growth. Many areas in Salford, such as MediaCityUK have seen huge redevelopment over the years which has contributed to the desirability of it as a residential location and contributed to it's unprecedented growth. Industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth so there hasn't ever been a better time to invest in buy-to-let property here. Enquire today to avoid disappointment.

Please note, lettings and management fees may apply.

Financial Breakdown

Gross Rent: £10,812.00
Net income: £8,884.05
Gross yield: 7.72%
Net yield: 6.35%
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-07702