2 Bedroom Apartment

2 Blackburn Street, 
Salford, 
M3 6FY
SSTC
  • Tenanted
ATTENTION INVESTORS! ENQUIRE ON THIS FANTASTIC MODERN 2 BEDROOM APARTMENT. Managed and maintained by reputable management company Staycay, generating a 5.47 net yield.
  • Financial Performance*
Gross rent
£11,497
Ground rent
£275
Service charge
£1,652
Net income
£9,570
Gross yield
6.57%
Net yield
5.47%
  • Key Features
  • Immaculate 2 Bedroom Apartment
  • 2nd Floor
  • Well Proportioned Double Bedrooms
  • Balcony & Juliet Balcony
  • Secure Intercom Access
  • Fully Managed By Reputable Company Staycay
  • Fantastic Location
  • Modern High Standard Throughout

This apartment is perfectly presented throughout and consists of an open plan kitchen and living space, which includes a state of the art fully-fitted kitchen complete with appliances, Juliet balcony and floor to ceiling window providing lots of natural light. There are two well-proportioned double bedrooms, the master with ensuite and balcony, a family bathroom with three-piece suite and shower over bath. Please note, the property is let on a long term tenancy and is fully managed by short term lettings and management specialists, Staycay. This ensures reliable income and maintenance of the property throughout the tenancy.

Knightsbridge Court is a very popular residential development just 1.5 miles from Manchester city centre with a huge selection of shops, bars, restaurants and activities on offer. The city of Salford and Media City UK, which is fast becoming the UK’s most sought-after waterfront destination are also within easy reach. Manchester is a popular University city with three brilliant universities which means students and graduates of which will ensure a strong rental demand.

Salford is an unrivalled location for investment, with price growth being higher than the national average and providing high rental yields and good potential for capital growth. The areas surrounding Chapel Street have seen huge redevelopment over the years which has contributed to the desirability of it as a residential location. Industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth so there hasn’t ever been a better time to invest.

  • Financial Performance *
Gross rent
£11,497
Ground rent
£275
Service charge
£1,652
Net income
£9,570
Gross yield
6.57%
Net yield
5.47%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating