3 bed flat for sale

The Riley Building Derwent Street, Salford M5

The Riley Building Derwent Street, Salford M5 4Ta

Yieldit are pleased to present this wonderful apartment within The Riley Building, a spacious and modern three-bedroom, two-bathroom apartment located in the heart of Salford. Positioned on Derwent Street, this well-presented property is ideally situated just minutes from Manchester city centre, Salford Quays, and MediaCityUK, making it a prime location for both professionals and students alike.

The apartment offers a generous open-plan living and dining area, complete with a fully fitted contemporary kitchen. All three bedrooms are well-proportioned doubles, with the master benefiting from an en-suite shower room. A second modern bathroom and ample built-in storage add to the property’s appeal, ensuring comfort and convenience for tenants.

This property also includes a secure, allocated parking space which is a valuable asset in this high-demand area. The apartment is being sold with tenants in situ, providing immediate rental income and a hassle-free, ready-made investment opportunity.

With strong rental yields, excellent transport links, and proximity to universities, major employers, and key city amenities, this property presents an attractive addition to any buy-to-let portfolio. Don't miss out and enquire early to avoid disappointment.

Financial Breakdown

Gross Rent: £19,800.00
Net income: £14,129.32
Gross yield: 7.92%
Net yield: 5.65%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08207