1 bed flat for sale

Knowles Court, Eccles Old Road M6

Knowles Court, Eccles Old Road, M6 8Es

An excellent opportunity to acquire a first-floor one-bedroom apartment situated in the popular and well-established Knowles Court development on Eccles Old Road, Salford. This bright and spacious property features a comfortable living area, fitted kitchen, double bedroom, and a modern three-piece bathroom. The apartment also benefits from a private lock-up garage, providing valuable additional storage or secure parking.

The property is currently let to a reliable long-term tenant, offering an immediate and consistent rental income for any investor seeking a hands-off, income-generating asset. With a lease term in excess of 900 years, as well as low service charges and ground rent, this property represents a solid long-term investment with minimal ongoing costs.

Eccles Old Road sits in a highly sought-after area of Salford, benefiting from excellent access to Manchester city centre, MediaCityUK, and Salford Royal Hospital, all of which are major employment hubs that drive rental demand. The area is well served by public transport, including bus and tram links, and offers easy access to the M602 and M60 motorway networks, making it attractive to professionals and commuters alike.

Investing in property in this part of Salford has proven to be a strong and resilient choice, with the area continuing to benefit from ongoing regeneration and development projects. Demand for quality rental accommodation remains high, driven by the region’s expanding economy, thriving student population, and proximity to key business and media districts. Property values and rental yields in Salford have shown consistent growth over the past decade, making it one of Greater Manchester’s most dynamic and rewarding investment locations.

In summary, Knowles Court offers investors a low-maintenance, high-potential property with a stable tenant, excellent lease terms, and a prime location within one of the North West’s strongest performing property markets.

Financial Breakdown

Gross Rent: £7,560.00
Net income: £6,060.00
Gross yield: 6.3%
Net yield: 5.05%
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-08321