1 Bed Flat For Sale Furness Quay, Salford, M50

yieldit are pleased to offer to the market the opportunity to purchase this stunning apartment in the recently completed Northhill development. The property will make a fantastic addition to an investor’s portfolio, tenanted until August 2024 and producing a rental yield of 5.46% NET. The Northhill development consists of 264 luxurious apartments over a 27-storey tower finished to the highest of standards situated in a highly sought-after location in Salford Quays.\r
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The third floor apartment features a sizeable double bedroom, entrance hallway, bright and spacious open plan living area, fully fitted grey kitchen, luxury tiled bathroom with three-piece suite and utility cupboard. The open plan living kitchen/diner features floor to celling wrap around windows flooding the apartment with natural light. The development facilities include a landscaped communal garden, secure intercom access and an on-site gymnasium.\r
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Residents are within walking distance of an unbeatable selection of food and drink establishments, leisure facilities, 12.8 acres of public and outdoor space, a whole host of events and attractions as well as unrivalled transport links easily connecting it to Manchester city centre and beyond.\r
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Salford Quays, the home of MediaCityUK, is one of the most successful and prolific regeneration projects in the whole of the UK which has quickly become a top destination to visit, work and reside. Internationally recognised as a business hub and magnet for investment, it is home to several top corporations such as The BBC, ITV Studios, Kelloggs, Vodafone and Ericsson and over 250 local businesses so a fantastic location to invest in.

Financial Breakdown

Gross Rent: £11,400.00
Net income: £7,910.00
Gross yield: 7.86%
Net yield: 5.46%
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-07699