£180,000
2 bed flat for saleMiddlewood Plaza, 3 Craven Street, Salford M5
2 beds
3 baths
EPC Rating: C
Added on
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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