Sold subject to contract

£180,000

2 bed flat for sale
Middlewood Plaza, 3 Craven Street, Salford M5

    • 2 beds

    • 3 baths

  • EPC Rating: C

  • Leasehold

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Garton Jones - Nine Elms & Vauxhall

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About this property

  • Spacious two-bedroom duplex apartment

  • Three WC facilities

  • Currently tenanted at £1,300 pcm

  • Approximate 8.67% gross rental yield

  • Guide Price £180,000

  • Modern open-plan living accommodation

  • Contemporary fitted kitchen

  • Popular Middlewood Plaza development

  • Excellent motorway links via the M602, M60 and M62

  • Ideal investment opportunity with strong rental demand

Exceptional Investment Opportunity – Spacious Two Bedroom Duplex Apartment Achieving £1,300 pcm

An excellent opportunity to acquire this spacious two-bedroom duplex apartment situated within the sought-after Middlewood Plaza development, ideally positioned on the edge of Manchester City Centre and Salford.
Arranged over two floors, this well-presented apartment offers generous living
accommodation comprising a bright open-plan lounge and dining area, a modern fitted kitchen, two spacious double bedrooms and the added convenience of three WC facilities, making it an attractive proposition for both owner-occupiers and investors.

Currently tenanted and producing £1,300 per calendar month (£15,600 per annum), the property offers an impressive gross rental yield of approximately 8.67% based on the guide price of £180,000.

Middlewood Plaza is a highly desirable development popular with professionals thanks to its excellent location and convenient access to Manchester City Centre, Spinningfields, Salford Quays and MediaCityUK. The property also benefits from superb transport connections, with nearby Metrolink services and easy access to the M602, M60 and M62 motorway network, making commuting across Greater Manchester quick and convenient.

Offering excellent value compared with similar apartments currently marketed within the development, this property represents a fantastic opportunity to acquire a strong income-producing investment in one of Salford's most established residential locations.

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More information

  • Tenure

    Leasehold (242 years)

  • Service charge

    £3,198 per year

  • Council tax band

    C

  • Ground rent

    £250

  • Ground rent date of next review

  • Ground rent review period

    Every 10 years

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Property descriptions and related information displayed on this page are marketing materials provided by - Garton Jones - Nine Elms & Vauxhall. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Garton Jones - Nine Elms & Vauxhall for full details and further information.