2 bedroom apartment

Local Blackfriars, Manchester M3 7FL

Size: sqm

Purchase price

£325,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £12,000
Ground rent £350
Service charge £2,060
Lettings fees £1,080
Net income £8,510
Gross yield 3.69%
Net yield 2.62%

Yieldit are pleased to offer onto the market this prestigious two bedroom, two bathroom apartment situated on the 9th floor with beautiful city views! The apartment is located within the executive development of Local Blackfriars and is currently tenanted. The apartment is currently receiving £12000 p/a in rent but has potential for a rent increase. The apartment briefly comprises of an entrance hall, a large spacious lounge, a fitted kitchen and two good sized bedrooms - the master benefiting from en-suite facilities.

The redevelopment of Salford Quays has created a world-class business, cultural and residential area. More people now work at the Quays than in its heyday as a major seaport. Salford Quays has also become a popular residential area with a regular tram service to West Salford, Altrincham and Manchester city centre. The development of MediaCityUK will continue to build on the area’s vibrant economy, fantastic leisure assets and high quality residential buildings.

Centred around a waterfront public realm area twice the size of London’s Trafalgar Square, MediaCityUK is a destination in its own right, complete with bars, cafés and restaurants. The development’s piazza is designed to accommodate up to 5,000 people, making it a natural focal point both day and night.

Salford City Council secured £3,775,321 funding to progress the project from the North West Regional Development Agency (NWDA) and a further £6,852,678 under the European Regional Development Fund (ERDF) which is managed in the northwest by the Department for Communities and Local Government.

**BEAUTIFUL ABODE**ALREADY TENANTED - READY MADE INVESTMENT**

Interested in this property? Enquire today for more information

Key features

Key features

Desirable two bedroom apartment

Key features

Fully furnished

Key features

Beautifully presented

Key features

Ready made investment

Key features

Prime location

Key features

Fantastic local amenities

**BEAUTIFUL ABODE**ALREADY TENANTED - READY MADE INVESTMENT** More info...

Yieldit are pleased to offer onto the market this prestigious two bedroom, two bathroom apartment situated on the 9th floor with beautiful city views! The apartment is located within the executive development of Local Blackfriars and is currently tenanted. The apartment is currently receiving £12000 p/a in rent but has potential for a rent increase. The apartment briefly comprises of an entrance hall, a large spacious lounge, a fitted kitchen and two good sized bedrooms - the master benefiting from en-suite facilities.

The redevelopment of Salford Quays has created a world-class business, cultural and residential area. More people now work at the Quays than in its heyday as a major seaport. Salford Quays has also become a popular residential area with a regular tram service to West Salford, Altrincham and Manchester city centre. The development of MediaCityUK will continue to build on the area’s vibrant economy, fantastic leisure assets and high quality residential buildings.

Centred around a waterfront public realm area twice the size of London’s Trafalgar Square, MediaCityUK is a destination in its own right, complete with bars, cafés and restaurants. The development’s piazza is designed to accommodate up to 5,000 people, making it a natural focal point both day and night.

Salford City Council secured £3,775,321 funding to progress the project from the North West Regional Development Agency (NWDA) and a further £6,852,678 under the European Regional Development Fund (ERDF) which is managed in the northwest by the Department for Communities and Local Government.

  • Key features
    Tick Desktop Desirable two bedroom apartment
    Tick Desktop Fully furnished
    Tick Desktop Beautifully presented
    Tick Desktop Ready made investment
    Tick Desktop Prime location
    Tick Desktop Fantastic 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 £12,000
Ground rent £350
Service charge £2,060
Lettings fees £1,080
Net income £8,510
Gross yield 3.69%
Net yield 2.62%

*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.