2 bedroom flat for sale

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2 bedroom flat for sale

Delta Point, 76 Blackfriars Road, Salford, Greater Manchester, M3
£160,000

Our Summary

  • INVESTMENT OPPORTUNITYDelta Point is a purpose built development in Blackfriars Manchester / Salford border

Description

This is an investment opportunity in Delta Point, a purpose-built development located on the Manchester/Salford border, offering easy access to the city center and major roads. The property features a hallway with storage, a spacious living area with a modern kitchen, two large bedrooms, and a bathroom with a three-piece suite. It also comes with one allocated secure car parking space. With a rental income of £1400 PCM, a gross yield of 10.5%, and a net yield of 8.4%, this property presents a great investment opportunity. The leasehold is for 250 years from 2011, with a ground rent of £300 per year and a service charge of £3000 per year.