2 Bed Apartment House For Sale Lower Broughton Road, Salford, M7

£184,000- Apartment

1 of 6
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Last Updated: 28th June 2024

Description

*GREAT BUY-TO-LET OR FIRST TIME BUYER OPPORTUNITY*A spacious and well-kept two bedroom apartment a stones throw from Manchester City Centre.

\rThis well-presented two bedroom apartment is situated perfectly on the outskirts of Manchester City Centre, whilst providing easy access via public transport or walking, as well as local shops, cafes and the River Irwell.

Apartment 12 is located on the first floor and is accessed via secured key fob entry. The apartment is a great size with a large open plan living / dining room / kitchen offering integrated appliances and Juliette balcony doors. The bedrooms are both doubles with plenty of space of furniture and a contemporary bathroom is just off the hall.

Also benefiting from an allocated parking space within the Development's gated car park.

This property is tenanted until October 2024 with a current yield of 5.58%, with scope to achieve an estimated 7.50% annual yield.

Alternatively, the tenancy can be terminated in October for an Owner Occupier.

Leasehold details as provided by the Vendor:
999 year lease from 2018
Service charge - £1039.92pa
Ground Rent - £300pa
Agent Details
Prime Residential Property Management
Salisbury House Finsbury Circus London EC2M 5SQ

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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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