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Trinity Edge, 1 St. Mary Street, Salford, M3

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Close to public transport
  • Double glazing
  • Fitted Kitchen
  • Fully Furnished
  • Shops and amenities nearby
  • Minutes from Salford Central Station
  • Telephone intercom

Description

***INVESTORS ONLY***

Situated within the popular Trinity Edge development, this wellpresented two-bedroom apartment offers an excellent opportunity for investors seeking a modern, conveniently located property with an attractive net rental yield of 7.58%.

Ideally positioned within easy reach of Manchester city centre and just a short distance from Salford Central Station, the apartment benefits from excellent transport connections and convenient access to a wide range of local amenities, making it a desirable location for professionals and city centre residents alike.

The accommodation comprises a welcoming entrance hallway leading through to a spacious open-plan living, dining and kitchen area, providing a comfortable and practical space for everyday living. The fitted kitchen offers ample storage and workspace, while the living area benefits from plenty of natural light.

There are two well-proportioned bedrooms alongside a modern bathroom. Further benefits include double glazing, a telephone intercom entry system and furnishings, offering a convenient and low-maintenance living arrangement.

The development is ideally situated for access to Manchester's extensive selection of shops, restaurants, bars and leisure facilities, with supermarkets including Tesco and M&S Simply Food nearby. Excellent public transport links also provide easy access to the wider Greater Manchester area.

With its central location, practical layout and attractive rental yield, this apartment represents a fantastic opportunity for buy-to-let investors looking to add to their property portfolio.

Investment Information:

Asking Price: £150,000

Rental Income: £1,200 PCM

Annual Rental Income: £14,400

Gross Rental Yield: 9.47%

Net Rental Yield: 7.58%

Service Charge: £2,736 per annum

Ground Rent: £150 per annum

The net rental yield is calculated after deducting the annual service charge and ground rent only. It does not account for other potential expenses such as letting or management fees, maintenance, insurance, void periods or taxation.

Property Description Disclaimer:

These particulars are intended to give a fair and reliable description of the property but do not constitute an offer or contract. Whilst every effort has been made to ensure the accuracy of the information provided, Cherry Picked Properties cannot guarantee its accuracy and accepts no responsibility for any errors or omissions. All measurements, descriptions, photographs and other information are provided for guidance purposes only. Prospective purchasers should satisfy themselves as to the accuracy of all information through their own enquiries and legal representatives. Any rental income or yield figures are provided for illustrative purposes and should not be regarded as a guarantee of future returns.

Anti-Money Laundering Disclaimer:

In accordance with the Money Laundering Regulations, all purchasers will be required to complete identity verification and anti-money laundering checks before a sale can proceed. A non-refundable fee of £35 + VAT (£42 including VAT) per purchaser is payable for these checks. This fee is payable upon acceptance of an offer and is separate from any other costs associated with the purchase.
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: A
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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Trinity Edge, 1 St. Mary Street, Salford, M3

Approximate location

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Affordability

Monthly repayments£754
Property: £ 150,000
Deposit: £ 15,000
Interest rate: 5.35%
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.
Renovation potential
Recently sold & under offer
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About Cherry Picked Properties, Heald Green

Southgate Centre Two, 321 Wilmslow Road, Heald Green, Cheadle, SK8 3PW

Cherry Picked Properties Limited are Proud members of The Property Ombudsman.

Cherry Picked Properties Limited

Company Overview

Cherry Picked Properties Limited is a leading Lettings and Sales estate agency with over 10 years of experience . Based in Manchester, we proudly serve clients throughout the North West of England. Our commitment to excellence and customer satisfaction has established us as a trusted name in the property market.

Our Mission

To provide exceptional service and expertise in property sales and lettings.

To create lasting relationships with our clients through transparency and integrity.

To empower clients with the knowledge and support needed for successful property transactions.

Our Services

Lettings Management: Professional management services for landlords and tenants, maximizing rental yields and minimising void periods.

Residential Sales: Comprehensive support for buyers and sellers, ensuring smooth transactions.

Property Valuations: Accurate and honest property appraisals to help clients make informed decisions.

Market Insights: Up-to-date information on market trends and property values in Manchester and the North West.

Why Choose Us?

Expert Team: Our knowledgeable and friendly staff have extensive experience in the local property market, legislation and transparency.

We prioritise our clients' needs and tailor our services to meet their individual requirements.

Proven Track Record: Over a decade of successful transactions and satisfied clients.

Community Involvement: We are committed to contributing positively to the communities we serve.

Testimonials

"Cherry Picked Properties made my first home buying experience seamless and enjoyable!" - Sarah J.

"Their lettings team is professional and responsive. Highly recommend!" - Tom R.

Get in Touch

Whether you are looking to buy, sell, or rent, Cherry Picked Properties Limited is here to help. Contact us today to discover how we can assist you in your property journey!

Website: www.cherrypickedproperties.co.uk

Email: contact@cherrypickedproperties.co.uk

Phone: 0161 537 3715

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Disclaimer - Property reference 1787. 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 Cherry Picked Properties, Heald Green. 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.