1 Bedroom Apartment

15, Stanley Street, 
Salford, 
M3 5GT
Purchase price
£225,000
  • Size: 41 sqm
  • Tenanted
ATTENTION INVESTORS - TAKE A LOOK AT THIS BEAUTIFUL RIVERSIDE APARTMENT WITH FANTASTIC RETURN! One bedroom apartment in the recently completed Novella development with unrivalled resident amenities.
  • Financial Performance*
Gross rent
£15,600
Service charge
£1,809
Lettings fees
£1,560
Net income
£12,231
Gross yield
6.93%
Net yield
5.44%
  • Key Features
  • Stylish one bedroom apartment
  • Unrivalled resident amenities
  • EWS1 in place
  • High specification finish
  • Desirable area of the city
  • Residents gym, terrace and working spaces
  • Peppercorn ground rent and long lease
  • Impressive return on investment
  • Tenant in situ
  • Don't miss out and enquire today

yieldit are proud to present to the market this fabulous investment opportunity. Being sold with tenant in situ generating an impressive £1300pcm rental income, which is a lucrative return at the listing price so will make a fantastic addition to a growing portfolio. The high specification apartment is fully furnished and includes open plan living area with floor to ceiling window; high-specification kitchen; double bedroom with fitted wardrobes; stylish main bathroom.

Novella is a beautiful riverside development with first class amenities including 24-hour concierge, residents only gym with high spec equipment, wellness room, working space, podium garden with city views, terraced garden with seating, high speed wifi. Perfectly situated in the desirable and convenient city centre area of New Bailey, residents are within walking distance of Spinningfields, Deansgate, award winning restaurants and unrivalled shopping and entertainment facilities.

The location of the development couldn’t be more perfect, everything the thriving city of Manchester has to offer is right on the doorstep as well as unrivalled transport links to travel around the Northwest and beyond, with London being just a two-hour train journey. Properties in Manchester make the perfect addition to a property investors portfolio, with the city being voted the Most Liveable City in the UK (The Economist, 2019) and the 3rd Best City in the World (TimeOut, 2021). The city’s population is ever increasing, and rental demand is always extremely high so don’t miss out on this chance to invest and enquire today.

  • Financial Performance *
Gross rent
£15,600
Service charge
£1,809
Lettings fees
£1,560
Net income
£12,231
Gross yield
6.93%
Net yield
5.44%
*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