Wallness Lane, Salford, M6 6AL
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
4
- 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
- Four bedroom HMO investment property
- Tenanted Investment Opportunity
- One reception room
- One bathroom
- Spacious accommodation throughout
- Strong rental demand location
- Suitable for professional sharers and students
- Excellent transport links nearby
- Close to Salford Quays and Manchester City Centre
- Nearby local amenities, schools and parks
Description
The property is located within the Pendleton and Charlestown area of Salford, an increasingly popular residential district benefiting from excellent transport links, local amenities and access to major employment hubs. The surrounding area is predominantly residential with a mix of traditional terraced housing and newer developments. Residents benefit from nearby supermarkets, schools, parks and convenient access to the A580, Manchester City Centre and Salford Crescent railway station. The area also has a strong student and young professional presence, contributing to sustained rental demand.
Salford continues to undergo significant regeneration and investment, strengthening its reputation as one of Greater Manchester’s key growth locations. Ongoing development across Salford and neighbouring districts includes major residential, commercial and infrastructure projects designed to enhance connectivity, employment opportunities and public spaces. Large scale regeneration initiatives across central Salford and nearby districts are expected to deliver new homes, business space and improved public realm over the coming years, further supporting long term property values and rental demand throughout the area.
Financial Breakdown
Gross Rent: £33,360.00
Net income: £27,936.00
Gross yield: 14.5%
Net yield: 12.15%
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-08520
- 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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Wallness Lane, Salford, M6 6AL
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Visit our security centre to find out moreDisclaimer - Property reference YL-08520. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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