1 bedroom apartment

Number One Pink, MediaCityUK, Salford, M50 2BB

Size: 45 sqm

Purchase price

£170,000

Size: 45 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,300
Ground rent £250
Service charge £1,572
Net income £7,478
Gross yield 5.47%
Net yield 4.40%

yieldit are delighted to present this stylish sixteenth floor apartment which comprises of; entrance hallway leading to a spacious lounge with large floor to ceiling window overlooking MediaCityUK; fully fitted kitchen with all appliances included; a large double bedroom with double glazed window providing wonderful city views and a three piece family bathroom with shower over bath.

Located in Salford Quays - dubbed the ‘Canary Wharf of the North’ - residents have access to a host of restaurants, bars and shops right on their doorstep, as well as having easy access to Manchester city centre via the MediaCityUK Metrolink tram stop which is just a few minutes walk from the apartment. The area is understandably known as one of the UK’s best buy-to-let hotspots with tenants desperate to live in MediaCityUK. This area offers the ultimate cosmopolitan lifestyle for the many people who call the stunning Salford Quays waterfront home, proving that this is one of the most attractive places to live in the UK, and the overwhelming demand for these types of apartments only goes to confirm this.

Property prices in Salford have increased by 13% since 2019 (Rightmove) and industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth. The plans to double the size of MediaCityUK only add to the need for high quality rental accommodation in the surrounding areas.

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT! Stylish one bedroom apartment on the sixteenth floor of Number One Pink in the heart of MediaCityUK.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunity

Key features

Not suitable for owner occupiers

Key features

4.40% NET yield

Key features

One bedroom apartment

Key features

Located on the sixteenth floor

Key features

Spectacular views from floor to ceiling windows

Key features

Modern high gloss kitchen

Key features

Finished to a high standard

Key features

Excellent transport links

Key features

Unrivalled location in MediaCityUK

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT! Stylish one bedroom apartment on the sixteenth floor of Number One Pink in the heart of MediaCityUK. More info...

yieldit are delighted to present this stylish sixteenth floor apartment which comprises of; entrance hallway leading to a spacious lounge with large floor to ceiling window overlooking MediaCityUK; fully fitted kitchen with all appliances included; a large double bedroom with double glazed window providing wonderful city views and a three piece family bathroom with shower over bath.

Located in Salford Quays - dubbed the ‘Canary Wharf of the North’ - residents have access to a host of restaurants, bars and shops right on their doorstep, as well as having easy access to Manchester city centre via the MediaCityUK Metrolink tram stop which is just a few minutes walk from the apartment. The area is understandably known as one of the UK’s best buy-to-let hotspots with tenants desperate to live in MediaCityUK. This area offers the ultimate cosmopolitan lifestyle for the many people who call the stunning Salford Quays waterfront home, proving that this is one of the most attractive places to live in the UK, and the overwhelming demand for these types of apartments only goes to confirm this.

Property prices in Salford have increased by 13% since 2019 (Rightmove) and industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth. The plans to double the size of MediaCityUK only add to the need for high quality rental accommodation in the surrounding areas.

  • Key features
    Tick Desktop Tenanted investment opportunity
    Tick Desktop Not suitable for owner occupiers
    Tick Desktop 4.40% NET yield
    Tick Desktop One bedroom apartment
    Tick Desktop Located on the sixteenth floor
    Tick Desktop Spectacular views from floor to ceiling windows
    Tick Desktop Modern high gloss kitchen
    Tick Desktop Finished to a high standard
    Tick Desktop Excellent transport links
    Tick Desktop Unrivalled location in MediaCityUK
  • 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 £9,300
Ground rent £250
Service charge £1,572
Net income £7,478
Gross yield 5.47%
Net yield 4.40%

*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.