1 Bedroom Apartment

Riverview, 29 New Bailey Street, 
Salford, 
M3 5GN
Purchase price
£190,000
  • Tenanted
ATTENTION INVESTORS - TAKE A LOOK AT THIS BEAUTIFUL RIVERSIDE APARTMENT WITH FANTASTIC RETURN! One bedroom apartment in the recently completed Affinity living development with unrivalled resident amenities.
  • Financial Performance*
Gross rent
£16,200
Ground rent
£395
Service charge
£2,302
Net income
£13,503
Gross yield
8.53%
Net yield
7.11%
  • Key Features
  • Tenanted Investment Opportunity
  • Immaculate Condition
  • New Development
  • Unrivalled resident amenities
  • Desirable area of the city
  • Impressive return on investment
  • Tenant in situ
  • Long lease

yieldit are proud to present to the market this fabulous investment opportunity. Being sold with tenant in situ generating an impressive £1350pcm 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 and stylish main bathroom.

New Bailey Street is a beautiful affinity development with first class amenities including 24-hour concierge, residents only gym with high spec equipment, social lounges, working space, regular resident events, in house café, bookable cinema snug, 24/7 parcel collection, super fast Wi-Fi, dog wash and all amenities located in riverside. 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 (Time Out, 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. Please note letting and management fees may apply.

  • Financial Performance *
Gross rent
£16,200
Ground rent
£395
Service charge
£2,302
Net income
£13,503
Gross yield
8.53%
Net yield
7.11%

Fill in your details below to enquire about property YL-07933
1 Bedroom Apartment

Riverview, 29 New Bailey Street, 
Salford
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*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.
  • Floorplan/s
  • Location