Apartment , New Kings Head Yard, Salford
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
495 sq ft
46 sq m
Description
Prime City-Centre BTL Investment | Let at £1,300 PCM | Approx. 8% Net Yield | Furnished | Residents' Gym | Ideal Cash Purchase
An excellent buy-to-let opportunity in a highly sought-after central location, this fourth-floor apartment is situated within the popular New Kings Head Yard development, just moments from Manchester city centre, Spinningfields, and Deansgate.
Currently tenanted at £1,300 per calendar month, the property offers an attractive approx. 8% NET yield if self-managed (after service charge and ground rent) based on the £165,000 asking price, making it a strong, income-generating investment from completion.
The apartment is sold fully furnished and with a tenant in situ, providing a turnkey opportunity with immediate rental income. Internally, the property comprises a modern open-plan living and kitchen area, well-proportioned bedroom(s), and a contemporary bathroom suite. The layout and presentation continue to appeal strongly to professional tenants working in the city.
Development & Location Benefits:
Prime Salford/Manchester city-centre location
Walking distance to Spinningfields & Deansgate
Excellent transport links including Metrolink
On-site residents' gym
Secure entry system
Popular rental development with strong demand
Given the strong yield and tenant-in-situ status, the property is particularly suited to cash buyers seeking a straightforward, income-producing investment with immediate returns.
Investment Overview:
Asking Price: £165,000
Current Rent: £1,300 PCM
Approx. 8% NET yield (after service charge & ground rent)
Sold with tenant in situ
Fully furnished
Residents' gym
Ideal for cash buyers
A rare opportunity to acquire a high-yielding, city-centre investment in one of Greater Manchester's most established rental locations.
Early enquiry is highly recommended.
Council Tax Band: B
Tenure: Leasehold (250 years)
Ground Rent: £37 per month
Service Charge: £142 per month
Brochures
Brochure- 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.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- 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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Apartment , New Kings Head Yard, Salford
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Visit our security centre to find out moreDisclaimer - Property reference RS0014. 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 Rainbow NW, 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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