1 Bedroom Apartment

Hessel Street, 
Salford, 
M50 1DH
Purchase price
£75,000
  • Tenanted
ATTENTION INVESTORS - AN IDEAL INVESTMENT OPPORTUNITY LOCATED MOMENTS FROM MEDIA CITY! A one-bedroom first-floor apartment with balcony, allocated parking and excellent transport links.
  • Financial Performance*
Gross rent
£7,800
Ground rent
£375
Service charge
£3,056
Net income
£4,369
Gross yield
10.4%
Net yield
5.83%
  • Key Features
  • Excellent opportunity for investment
  • Scope to improve the return
  • First floor apartment
  • One double bedroom
  • Balcony
  • Allocated parking
  • Secure development
  • Fantastic transport links
  • Close to the city centre and MediaCityUK
  • Don't miss out and enquire today

yieldit are pleased to offer an ideal investment opportunity, sold with tenants in situ providing an immediate return on investment, good scope to improve the return and fantastic potential for capital growth. The first floor apartment comes with allocated parking and is located in the ever popular City Link development. Ideally situated for easy access to convenient transport links with Weaste Metrolink facing the property providing direct links to Manchester city centre and connections all across Greater Manchester, as well as being a very short drive from the motorway network.

The property enjoys close proximity to Salford Royal Hospital, Trafford Park, the Universities of Salford and Manchester and Manchester’s cosmopolitan city centre meaning it appeals to a wide spectrum of tenants. Salford is becoming increasingly popular with young professionals due to its affordability combined with the abundance of local amenities and attractions on offer at the nearby Salford Quays, Manchester’s unique waterfront destination with world-class entertainment and leisure facilities and a brilliant selection of restaurants, bars and shops.

City Link is just a quarter of a mile from the thriving commercial district of Salford Quays and MediaCityUK, home to over 8,700 businesses employing more than 127,000 people, meaning that there is sure to be a continuously high demand for rental property in the surrounding areas. Despite the extensive regeneration and investment that has already gone into MediaCityUK so far, it is expected to double in size over the next 10 years, bringing more offices and employment opportunities, leisure facilities and public spaces which will only have a positive effect on property prices. Don’t miss out on this opportunity to invest and enquire today!

Please note, lettings and management fees may apply!

  • Financial Performance *
Gross rent
£7,800
Ground rent
£375
Service charge
£3,056
Net income
£4,369
Gross yield
10.4%
Net yield
5.83%
*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