1 Bedroom Apartment

1B Elmira Way, 
Salford, 
M5 3LN
Purchase price
£97,950
  • Tenanted
EXCELLENT INVESTMENT OPPORTUNITY! Generate immediate income from completion with this 2nd floor one bed, one bath apartment in Salford Quays.
  • Financial Performance*
Gross rent
£11,700
Ground rent
£400
Service charge
£2,480
Lettings fees
£1,170
Net income
£7,650
Gross yield
11.94%
Net yield
7.81%
  • Key Features
  • Superb investment opportunity
  • Tenant In Situ
  • Private balcony
  • One Double Bedroom
  • Bathroom with three-piece suite
  • Secure intercom entry and lift access
  • Brilliant location
  • Enquire today for video and further details

EXCELLENT INVESTMENT OPPORTUNITY! Generate immediate income from completion with this 2nd floor one bed, one bath apartment in Salford Quays.

yieldit are pleased to welcome to the market a wonderful investment opportunity. Sold with tenant in situ and generating an incredible rental income which represents a 7.8% NET return, this is an opportunity not to be missed.

Perfectly situated in the sought after and convenient area of Salford Quays, with MediaCityUK on the doorstep and Manchester city centre within easy reach and excellent transport links this property is sure to continue to be in demand on the rental market. Endeavour house benefits from secure intercom entry and private balcony accessed via the living room. Internally consisting of; entrance hallway, one double bedroom, one bathroom with three piece suite, open plan living area, modern fully fitted kitchen and private balcony.

Located in one of the UK’s most exciting rental landscapes, Salford Quays is the ideal home for the burgeoning number of young professionals living and working in Greater Manchester. MediaCityUK is a dynamic commercial centre, currently home to more than 8,700 businesses which employ over 127,000 people making MediaCityUK one of the best locations for young professional renters in the UK right now. Media City is the home of major corporations such as the BBC and ITV, making the area the home to innovative technologies and a desirable location to invest. It is no surprise that there is a high demand of people wanting to move to this stunning waterfront locale, making it one of the most popular buy-to-let hotspots in the UK.

Please note, this property may be within an area where a Selective Licensing scheme applies. Enquire for further details.

  • Financial Performance *
Gross rent
£11,700
Ground rent
£400
Lettings fees PA
£1,170
Service charge
£2,480
Net income
£7,650
Gross yield
11.94%
Net yield
7.81%

Fill in your details below to enquire about property YL-08637
1 Bedroom Apartment

1B Elmira Way, 
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.
  • Location
  • EPC