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Hulme Street

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

66 sq ft

6 sq m

TENURE
Describes 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

  • 2 spacious double bedrooms
  • 2 modern bathrooms
  • Fully equipped kitchen
  • Elegant 2nd-floor apartment
  • Balcony with lovely views
  • Access to swimming pool
  • Close to Salford Central
  • Near Salford University
  • 5% current gross yield
  • Viewing highly recommended

Description

We are pleased to present this exquisite 2-bedroom, 2-bathroom apartment located on the second floor of Local Crescent, Hulme Street. Spanning an impressive 66 square feet, this residence is perfect for those seeking a stylish and comfortable home. The apartment boasts a delightful balcony, ideal for enjoying scenic views.

Inside, you will find the kitchen fully equipped with modern appliances, including a dishwasher, fridge/freezer, and oven, ensuring that culinary enthusiasts will feel right at home. Both bedrooms are generously sized and feature floor-to-ceiling windows, allowing natural light to flood the space, creating a warm and inviting atmosphere.

This property is a wonderful personal residence and attractive investment opportunity. Currently, the apartment yields a gross return of 5%, with projections suggesting an increase to approximately 6.4% for the next tenancy.

Residents will enjoy a wealth of amenities, including a swimming pool, spa and sauna, a well-equipped gym, a cinema, a roof terrace, and a co-working space. Additionally, a 24-hour concierge service is available to cater to your needs.

Convenience is key, with Tesco Express and Sainsbury’s just a five-minute drive away, and Trinity Medical Centre within a three-minute walk. Manchester City Centre is easily accessible, taking only eight minutes by car or 15 minutes via public transport.

This leasehold property has a ground rent of £250 per year and a service charge of £3087.52 annually, with 246 years remaining on the lease. The current rent is £1475 per calendar month until August 2025. The EPC rating is B, and the Council Tax Band is C. Please note that details regarding ground rent and service charges have been provided by the seller and should be verified by your solicitor upon proceeding with the purchase. This property is offered with no chain, making it an excellent opportunity for prospective buyers.

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: C
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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About AIHOMES LIMITED, Manchester

AiHOMES LTD, Empress Business Centre, 380 Chester Road, Manchester, M16 9EA
Industry affiliations:Industry affiliation logo 0

AiHOMES is an independent property sale and letting agency in Manchester city centre.

We specialise in the sale of properties to local and overseas Chinese investors. We are an experienced team of professionals offering our clients successful, tailored property investment solutions. Our network spans the entire Asia Pacific region, allowing our investors and developers to gain unrivalled access to prospective buyers and on-the-ground local perspectives.

We also offer support services including valuations, investment consultancy, after sales care, letting & management, as well as other associated customer care.

Affordability

Monthly repayments£1,379
Property: £ 275,000
Deposit: £ 27,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are 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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Disclaimer - Property reference 34609030. 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 AIHOMES LIMITED, 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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