Flat for sale in Northill Apartments, 65 Furness Quay, Salford, Lancashire M50
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Property features
- Excellent investment opportunity
- Fantastic rental returns
- Desirable development
- 3rd floor apartment
- One double bedroom
- Spacious accommodation
- Open plan living area
- Private balcony
- Great location within Salford Quays
- Within easy reach of transport links and the city
Property description
Northill Apartments, 65 Furness Quay, Salford, Lancashire, M50 3Dj
Yieldit are pleased to offer to the market the opportunity to purchase this stunning apartment in the recently completed Northhill development. The property will make a fantastic addition to an investor’s portfolio, tenanted until August 2024 and producing a rental yield of 6.33% net. The Northhill development consists of 264 luxurious apartments over a 27-storey tower finished to the highest of standards situated in a highly sought-after location in Salford Quays.
The third floor apartment features a sizeable double bedroom, entrance hallway, bright and spacious open plan living area, fully fitted grey kitchen, luxury tiled bathroom with three-piece suite and utility cupboard. The open plan living kitchen/diner features floor to celling wrap around windows flooding the apartment with natural light. The development facilities include a landscaped communal garden, secure intercom access and an on-site gymnasium.
Residents are within walking distance of an unbeatable selection of food and drink establishments, leisure facilities, 12.8 acres of public and outdoor space, a whole host of events and attractions as well as unrivalled transport links easily connecting it to Manchester city centre and beyond.
Salford Quays, the home of MediaCityUK, is one of the most successful and prolific regeneration projects in the whole of the UK which has quickly become a top destination to visit, work and reside. Internationally recognised as a business hub and magnet for investment, it is home to several top corporations such as The BBC, itv Studios, Kelloggs, Vodafone and Ericsson and over 250 local businesses so a fantastic location to invest in.
Financial Breakdown
Gross Rent: £11,400.00
Net income: £7,910.00
Gross yield: 9.5%
Net yield: 6.59%
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-07699
For more information about this property, please contact
Yieldit, M50 on +44 161 506 6169 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yieldit, and do not constitute property particulars. Please contact Yieldit for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.