New Cross Street, Swinton, Salford
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- 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.
Freehold
Key features
- 6.7% gross yield - comfortably above the national buy-to-let average of 5.0–5.5%
- Tenant in situ since April 2025 - £975 pcm landing in your account from day one of completion
- Freehold tenure - no ground rent, no service charge, no leasehold risk
- Fully managed by Pure City Living - rent collection, maintenance and compliance all handled for you
- Prime Greater Manchester location - Metrolink access, strong employer base, and a proven capital growth corridor
- Realistic entry price of £175,000 - with upside potential as the Swinton–Salford regeneration arc continues
Description
Address: 16 New Cross Street, Swinton, Manchester, M27 4TU
Asking Price: £175,000
Tenure: Freehold
Current Rent: £975 per calendar month (£11,700 per annum)
Gross Yield: 6.7% on asking price
Tenancy: Active - tenant in situ since April 2025
Management: Fully managed by Pure City Living
EPC Rating: C
FINANCIAL RETURNS AT A GLANCE
This property delivers a gross yield of 6.7% - meaningfully above the current national buy-to-let average of approximately 5.0–5.5%. With a tenant already in place since the start of April 2025, you acquire the asset with income flowing from the day of completion. There is no void period, no re-letting cost, and no delay.
Purchase Price: £175,000
Monthly Income: £975 pcm
Annual Income: £11,700 p.a.
Gross Yield: 6.7%
Tenure: Freehold (no ground rent, no service charge)
Management: Fully hands-free via Pure City Living
For a cash purchaser, that is £975 landing in your account every month from day one. For a leveraged investor, the rental income provides strong coverage against finance costs at current mortgage rates, with equity upside on top.
LOCATION & CAPITAL APPRECIATION
Swinton sits within the Metropolitan Borough of Salford, just five miles northwest of Manchester city centre. It benefits from direct Metrolink tram services into the city, strong road connections via the A57 and M60/M602, and excellent local amenities — all factors that sustain consistent tenant demand and support rental growth.
Greater Manchester is one of the UK's strongest performing residential property markets, and for good reason:
• Home to over 100,000 students across five universities, creating year-round rental demand
• Major employers including the BBC, ITV, AstraZeneca, Co-op and Amazon have significant regional presences, driving professional inward migration
• The Northern Powerhouse initiative and ongoing regeneration investment continue to channel billions into the region's infrastructure
• HS2 and Northern Powerhouse Rail connectivity improvements are expected to further boost house prices across Greater Manchester
• Swinton sits within a broader regeneration arc stretching from Eccles through to Salford, with visible neighbourhood investment already underway
Manchester house prices have consistently outperformed the national average over the past decade, and forecasts from major institutions continue to project above-average growth for the North West through to 2028 and beyond. Investors who purchased in this corridor five years ago have seen both strong yield and substantial capital uplift.
FULLY MANAGED - TRULY HANDS-FREE
The property is professionally managed by Pure City Living, handling all aspects of the tenancy on your behalf - rent collection, maintenance, compliance, and tenant liaison. Whether you are based locally or investing from further afield, this is a genuinely passive income asset from the moment you complete.
WHY THIS PROPERTY STANDS OUT
• 6.7% gross yield - above the national average
• Tenant in situ since April 2025 - income from day one
• Freehold - no ground rent or service charge exposure
• Fully managed by Pure City Living - zero landlord hassle
• Swinton, Greater Manchester - strong appreciation corridor
• Realistic asking price of £175,000
- 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.
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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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Energy performance certificate - ask agent
New Cross Street, Swinton, Salford
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Visit our security centre to find out moreDisclaimer - Property reference 16-new-cross-street. 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 Pure, 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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