2 bed flat for sale

Waterhouse Apartments, Salford M5

Waterhouse Apartments, Salford M5 4Bz

Yieldit are delighted to present an excellent opportunity to acquire a well-presented two-bedroom, two-bathroom apartment within the popular Waterhouse Apartments development in Salford. Offered for sale with tenants in situ, this is a ready-made investment providing immediate rental income from completion and delivering an attractive 5.7% net yield.

The apartment comprises a spacious open-plan living and dining area with a modern fitted kitchen, two generous double bedrooms, including a principal bedroom with en-suite shower room, and a contemporary main bathroom. The well-proportioned accommodation is designed to appeal to professional tenants, contributing to the property's strong rental performance.

Ideally situated in Salford, the development offers excellent access to Manchester City Centre, Salford Quays, MediaCityUK and the region's extensive transport network. The area continues to benefit from significant investment and regeneration, supporting strong tenant demand and making it a highly desirable location for buy-to-let investors.

This is a turnkey investment opportunity, combining immediate income with long-term growth potential in one of Greater Manchester's most established rental markets. Whether expanding an existing portfolio or making a first investment purchase, this property represents an excellent addition with reliable returns from day one.

Prospective purchasers should note that this property may fall within an area where selective landlord licensing applies. Buyers are advised to make their own enquiries with the local authority regarding any licensing requirements. Please also be aware that lettings and property management charges may apply and should be taken into account when assessing the overall investment return.

Financial Breakdown

Gross Rent: £15,600.00
Net income: £12,842.80
Gross yield: 7.61%
Net yield: 6.26%
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-08577