Knowles Court, Eccles Old Road, M6 8ES
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Turnkey investment
- Popular low rise development
- One double bedroom
- First floor apartment
- Garage included
- Excellent location
- Well presented throughout
- Secure entry and intercom access
Description
The property is currently let to a reliable long-term tenant, offering an immediate and consistent rental income for any investor seeking a hands-off, income-generating asset. With a lease term in excess of 900 years, as well as low service charges and ground rent, this property represents a solid long-term investment with minimal ongoing costs.
Eccles Old Road sits in a highly sought-after area of Salford, benefiting from excellent access to Manchester city centre, MediaCityUK, and Salford Royal Hospital, all of which are major employment hubs that drive rental demand. The area is well served by public transport, including bus and tram links, and offers easy access to the M602 and M60 motorway networks, making it attractive to professionals and commuters alike.
Investing in property in this part of Salford has proven to be a strong and resilient choice, with the area continuing to benefit from ongoing regeneration and development projects. Demand for quality rental accommodation remains high, driven by the region’s expanding economy, thriving student population, and proximity to key business and media districts. Property values and rental yields in Salford have shown consistent growth over the past decade, making it one of Greater Manchester’s most dynamic and rewarding investment locations.
In summary, Knowles Court offers investors a low-maintenance, high-potential property with a stable tenant, excellent lease terms, and a prime location within one of the North West’s strongest performing property markets.
Financial Breakdown
Gross Rent: £7,560.00
Net income: £6,060.00
Gross yield: 6.3%
Net yield: 5.05%
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-08321
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Knowles Court, Eccles Old Road, M6 8ES
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Visit our security centre to find out moreDisclaimer - Property reference YL-08321. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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