1 Bedroom Apartment

65 Furness Quay, 
Salford, 
Lancashire, 
M50 3DJ
Purchase price
£165,000
  • Tenanted
IDEAL INVESTMENT OPPORTUNITY YIELDING 5.48% NET! Stylish and spacious one bedroom third floor apartment in a desirable development in Salford Quays.
  • Financial Performance*
Gross rent
£11,400
Ground rent
£162
Service charge
£2,188
Lettings fees
£1,140
Net income
£7,910
Gross yield
6.91%
Net yield
4.79%
  • Key Features
  • Excellent investment opportunity
  • Fantastic rental returns
  • Desirable development
  • 3rd floor apartment
  • One double bedroom
  • Spacious accommodation
  • Open plan living area
  • Private balcony
  • Great location within Salford Quays
  • Within easy reach of transport links and the city

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 5.66% 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.

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.

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.

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 Performance *
Gross rent
£11,400
Ground rent
£162
Service charge
£2,188
Lettings fees
£1,140
Net income
£7,910
Gross yield
6.91%
Net yield
4.79%
*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