Salford, M5
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
553 sq ft
51 sq m
Key features
- Premium Location: Nestled in a prime waterfront development
- Generous Living Space: Substantial 1-bedroom layout
- Luxury Amenities: High-specification contemporary interiors
- Guaranteed Returns: 6% net rental guarantee for the first 12 months
- Courtyard Facing: Quiet, peaceful aspect
Description
This oversized 1-bedroom apartment spans 552.19 sq. Ft. And features a quiet, courtyard-facing aspect that acts as a peaceful retreat from the bustling city. The apartment is crafted with high-specification interiors, boasting sleek modern lines, premium finishes, and large windows that fill the open-plan living space with natural light. Residents will also benefit from premier onsite amenities, including a 24-hour concierge service and beautifully manicured communal garden spaces.
The Investment Opportunity
Secured below market value, this unit is highly optimised for investors looking for reliable cash flow and aggressive capital appreciation:
Purchase Price: £256,800
Assured Income: 6% net yield guaranteed for the first 12 months.
Zero Initial Outgoings: Management fees, service charges, and ground rent are completely covered (£0) during the 12-month guarantee period, yielding a clean £1,284 per month (£15,408 P.A.).
Tenure: 999-year lease for ultimate long-term security.
Payment Plan: £64,200 reservation/exchange deposit, with £192,600 due upon completion.
Unbeatable Location & Regeneration Hotspot
Tranquillity sits in a strategic transport and economic corridor, effortlessly connecting young professionals to Manchester's two largest employment hubs:
Pomona Island Masterplan: Situated directly opposite a massive 26-acre undeveloped site. Over the next decade, this £1Bn masterplan will transform the area into a vibrant eco-system featuring 2,700 homes, 1 million sq. Ft. Of commercial office space, retail districts, and a 5.2-acre waterfront park.
MediaCityUK Expansion: Located just a pleasant 11-minute walk away from the home of the BBC, itv, and Kellogg's. MediaCity is currently undergoing its own £1Bn digital hub expansion, adding another 672,000 sq. Ft. Of Grade-a office space to attract the city’s top professional talent.
With massive multi-billion-pound regeneration projects framing either side of this development, property prices and rental demand in this immediate pocket are forecasted to scale exponentially over the next 5 to 10 years.
- 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
Salford, M5
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Visit our security centre to find out moreDisclaimer - Property reference TQ02070726KP. 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 TK Property Group Ltd, Covering 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.