1 Bed Flat For Sale Lower Broughton Road, Salford, M7

£145,000- Flat

1 of 7
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Last Updated: 8th June 2024

Description

Attention Landlords - take advantage of this great buy-to-let opportunity to purchase this one bedroom apartment in recently built gated development. \r
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The apartment is situated on the first floor and comprises a good-size open plan living room / kitchen with integrated appliances and dual aspect windows letting in lots of light. The bedroom is a double with Juliette balcony. A sleek bathroom suite comes of the hall with a shower over the bath, and a large storage cupboard. \r
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The apartment comes with an allocated parking space in gated car park and is fully furnished.\r
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This development is extremely popular with working professional tenants due to it's close proximity to Manchester City Centre, via public transport or walking, local amenities and shops. \r
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The property is currently let at £900pcm, providing an annual yield of 7.45%. \r
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Leasehold information as provided from the Vendor - \r
994 year remaining on lease\r
Service charge - £1039.92 per annum\r
Ground rent - £300 per annum
Agent Details
Prime Residential Property Management
Salisbury House Finsbury Circus London EC2M 5SQ

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested