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No 1 Old Trafford, Trafford Park, Manchester, M17

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

452 sq ft

42 sq m

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

  • One-Bedroom Apartment
  • Leasehold
  • Previously Achieved Rent: £1,200PCM
  • Illustrative Gross Rental Yield: 9%
  • Annual Service Charge: £1,750
  • Annual Ground Rent: £193
  • EPC Rating: B
  • Potential for Rental Growth
  • Excellent Transport Collections
  • Early Viewing Highly Recommended

Description

ONE-BEDROOM INVESTMENT APARTMENT | £160,000 | 9% ILLUSTRATIVE GROSS YIELD | NO.1 OLD TRAFFORD

We are delighted to present this modern one-bedroom leasehold apartment within the sought-after No.1 Old Trafford development, ideally positioned close to Salford Quays, MediaCityUK and Manchester City Centre.

EXCELLENT BUY-TO-LET INVESTMENT OPPORTUNITY

Previously rented at £1,200 PCM (£14,400 per annum), this apartment offers an attractive illustrative gross rental yield of 9%, based on the asking price of £160,000, with potential for increased rental income subject to market conditions.

The apartment is currently vacant, providing investors with an opportunity to secure a new tenancy.

PRIME LOCATION & CONNECTIVITY

Within easy reach of Wharfside, Exchange Quay and Pomona Metrolink stations, offering convenient connections across Greater Manchester.

Ideally situated for MediaCityUK, BBC offices, Salford Quays, Old Trafford Football Stadium and the Trafford Centre.

Excellent access to the University of Salford, University of Manchester, Manchester Metropolitan University, UA92 and major hospitals, supporting strong appeal among working professionals.



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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
No parking
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.
Lift access

No 1 Old Trafford, Trafford Park, Manchester, M17

Approximate location

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Affordability

Monthly repayments£805
Property: £ 160,000
Deposit: £ 16,000
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.
Recently sold & under offer
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About Garton Jones, Nine Elms & Vauxhall

9 Albert Embankment, London, SE1 7SP
Industry affiliations:

Garton Jones is an independent, family run, estate agent specialising in the sale, rental, and management of residential property in Central London.

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Disclaimer - Property reference NIV260095. 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 Garton Jones, Nine Elms & Vauxhall. 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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