Flat for sale in Devonshire Point, 41 Devonshire Road, Manchester M30

Devonshire Point, 41 Devonshire Road, Manchester, M30 0Sw

If you’re looking to add a high yielding and excellent quality property to your portfolio, then look no further than this fantastic modern apartment with an impressive rental yield of 8.6% net. The apartment is located on the ground floor of Devonshire Point, in the popular Greater Manchester town of Eccles and includes; spacious open plan living area with floor to ceiling windows and patio doors; fully-fitted kitchen; two double bedrooms and bathroom with white three-piece suite and shower over bath.

The property enjoys close proximity to Salford Royal Hospital, Trafford Park, the Universities of Salford and Manchester and Manchester’s cosmopolitan city centre meaning it appeals to a wide spectrum of tenants and is sure to always be in high demand on the rental market. There are two train stations and a Metrolink stop within walking distance so it’s no wonder the area is becoming increasingly popular with young professionals due to its unrivalled transport links, affordability and the abundance of amenities on offer in the vicinity.

Salford Quays, Manchester’s unique waterfront destination is just a 10-minute drive and offers world-class entertainment and leisure facilities and a varied selection of restaurants, bars and shops. The area is also the home of MediaCityUK a thriving commercial district where over 8,700 businesses are based which employ in excess of 127,000 people, meaning that there is sure to be a continuously high demand for rental property in the surrounding areas.

Despite the extensive regeneration and investment that has already gone into MediaCityUK so far, it is expected to double in size over the next 10 years, bringing more offices and employment opportunities, leisure facilities and public spaces which will only have a positive effect on rental prices and property values in surrounding areas. Don’t miss out on this opportunity to invest and enquire today!

Financial Breakdown

Gross Rent: £10,800.00
Net income: £8,170.00
Gross yield: 11.37%
Net yield: 8.6%
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-07274