>
1 bed flat
29 New Bailey Street, Salford M3
£240,000
29 New Bailey Street, Salford M3
£240,000
Price History
Initial price | £250,000 |
03/12/24 | £240,000 |
Price Change | -4.00% |
Description
This property is a fantastic investment opportunity, currently generating £1275pcm in rental income and offering a lucrative return on investment. The high-specification apartment is fully furnished and features an open-plan living area, high-spec kitchen, double bedroom, and stylish main bathroom. Located in the desirable New Bailey area of Manchester, the property is within walking distance of the city centre, Spinningfields, Deansgate, and award-winning restaurants and shopping facilities. The development offers a range of amenities, including a 24-hour concierge, gym, social lounges, and more. With a gross yield of 6.38% and net yield of 5.28%, this property is a great addition to any portfolio. The city of Manchester is a thriving and desirable location, with a growing population and high rental demand, making this property an excellent investment opportunity.