2 bedroom apartment

Devonshire Point, 41 Devonshire Road, Eccles, Manchester, M30 0SW

Size: sqm

Purchase price

£110,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,500
Ground rent £281
Service charge £1,618
Net income £8,602
Gross yield 9.55%
Net yield 7.82%

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 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

Key features

Two Double Bedrooms

Key features

Buy To Let Investment Opportunity

Key features

Yield over 7% Net

Key features

Close By To Manchester City Centre

Key features

Great Transport Links

Key features

Close To Local Amenities

ATTENTION INVESTORS - GENERATE INSTANT INCOME THIS TENANTED INVESTMENT OPPORTUNITY - Developed to a high modern standard. More 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.

  • Key features
    Tick Desktop Two Double Bedrooms
    Tick Desktop Buy To Let Investment Opportunity
    Tick Desktop Yield over 7% Net
    Tick Desktop Close By To Manchester City Centre
    Tick Desktop Great Transport Links
    Tick Desktop Close To Local Amenities
  • LocationLocation
  • EPCEPC

*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.

Breakdown
Financial performance*
Gross rent £10,500
Ground rent £281
Service charge £1,618
Net income £8,602
Gross yield 9.55%
Net yield 7.82%

*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.