Devonshire Point, 41 Devonshire Road, Eccles, Manchester, M30 0SW
Size: sqm
Purchase price
£115,000
Size: sqm
Tenanted
Gross rent | £7,800 |
Ground rent | £281 |
Service charge | £1,618 |
Net income | £5,902 |
Gross yield | 6.78% |
Net yield | 5.13% |
We are delighted to present this fantastic two bedroom apartment. Each briefly comprises of; Two generous sized double bedrooms, one modern bathroom and great sized open plan kitchen/dining area.
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.
Over the next two decades Salford is forecast to experience the fastest percentage growth in Greater Manchester. The local economy is expected to grow by over 46% with £3 billion of growth. And the city’s employment levels are set to increase by 16% in the next 20 years. With our own research showing 40,000 new jobs by 2040. There are now almost 13,000 businesses trading in Salford, the city’s business base has grown by over 5,000 companies since 2010.
ATTENTION! SUITABLE FOR OWNER OCCUPIERS OR INVESTORS - GENERATE INSTANT INCOME THIS TENANTED INVESTMENT OPPORTUNITY. Developed to a high modern standard.
Interested in this property? Enquire today for more information
Key features
Two Double Bedrooms
Suitable For Owner Occupiers Or Investors
Yield over 5% Scope for higher yield
Close By To Manchester City Centre
Great Transport Links
Close To Local Amenities
ATTENTION! SUITABLE FOR OWNER OCCUPIERS OR INVESTORS - GENERATE INSTANT INCOME THIS TENANTED INVESTMENT OPPORTUNITY. Developed to a high modern standard. More info... Less info...
We are delighted to present this fantastic two bedroom apartment. Each briefly comprises of; Two generous sized double bedrooms, one modern bathroom and great sized open plan kitchen/dining area.
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.
Over the next two decades Salford is forecast to experience the fastest percentage growth in Greater Manchester. The local economy is expected to grow by over 46% with £3 billion of growth. And the city’s employment levels are set to increase by 16% in the next 20 years. With our own research showing 40,000 new jobs by 2040. There are now almost 13,000 businesses trading in Salford, the city’s business base has grown by over 5,000 companies since 2010.
*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.
Gross rent | £7,800 |
Ground rent | £281 |
Service charge | £1,618 |
Net income | £5,902 |
Gross yield | 6.78% |
Net yield | 5.13% |
*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.
Not to worry though, the Professor has picked out some similar properties that you might be interested in
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Annual rent | £10,950 |
Net yield | 6.44% |
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Annual rent | £13,800 |
Net yield | 6.05% |
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yieldit is a company registered in England and Wales. Registered number: 5236745.