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2 bed flat
Endeavour House, 1B, Elmira Way, Salford M5
£140,000
Endeavour House, 1B, Elmira Way, Salford M5
£140,000
Our Summary
- Excellent investment opportunity
- Yieldit are pleased to welcome to the market a wonderful investment opportunity
- 43% net return with good scope to increase, this is an opportunity not to be missed
- Healthy return with good scope to increse
- Superb investment opportunity
Description
This is an excellent investment opportunity in Salford Quays, a sought-after area with MediaCityUK on the doorstep and Manchester city centre within easy reach. The property is a 2nd floor, 2-bed, 2-bath apartment with parking, currently generating a rental income of £15,360 per annum, representing a 8.43% net return. The property is situated in a low-rise, purpose-built block with secure intercom entry and private balcony. The area is in high demand due to its proximity to MediaCityUK, a dynamic commercial centre with over 8,700 businesses and 127,000 employees. The property offers a great scope to increase the rental income and is an opportunity not to be missed.