1 Bed Flat For Sale Chapel Street, Salford, M3

£220,000- Flat

1 of 9
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Last Updated: 18th April 2024

Description

Manchester Investment Flats, F725\r
For Investment Purposes or Owner Occupiers - Minimum 35% Deposit Required - Below Market Value\r
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Part of a recently completed development in the popular Ancoats area of central Manchester, these stylish residential properties are already in high demand and offer excellent 6% annual rental yields. Each apartment is cleverly designed to maximise space and light while being centred around a modern open-plan living space with a sleek integrated kitchen. Highly popular among city-based professionals, limited units remain at just £174,995. \r
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Although this is an amazing investment opportunity, we do also welcome owner-occupiers to purchase units in this development. \r
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Investment Overview\r
*\t6% Rental Returns\r
*\tLocated in Ancoats - High Growth Area\r
*\tWalking Distance to Northern Quarter\r
*\tFully Managed Option Available\r
*\tOnsite Parking & Bike Storage \r
*\tPrices from £174,995\r
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Why Manchester? \r
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There are few places that have a buy-to-let property market as strong as Manchester. Widely regarded as the UK's second city, Manchester is known for generating high rental yields and offering excellent capital growth opportunities due to a steam of regeneration projects taking place throughout the city. These completed and tenanted apartments are expected to see a value increase of 17.5% over the next 3 years with further growth forecast beyond that!\r
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RWinvest was recently voted Best Real Estate Agency in the UK for 2023/2024. Contact us today to discuss this amazing property with a member of our award-winning team!
Agent Details
RW Invest
8 Exchange Quay, Salford, M5 3EJ

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested