1 bedroom apartment for sale

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1 bedroom apartment for sale

29 New Bailey Street, Salford, M3 5GN
£240,000

Price History

Initial price £250,000
03/12/24 £240,000
Price Change -4.00%

Description

This fantastic investment opportunity is a fully furnished apartment located in the desirable city centre area of New Bailey, Manchester. The property is currently rented out for £1275 per calendar month, generating an impressive return of 6.38% gross yield and 5.28% net yield. The apartment features a high-specification kitchen, open-plan living area with floor-to-ceiling windows, double bedroom, and stylish main bathroom. The development offers a range of luxurious amenities, including a 24-hour concierge, residents-only gym, social lounges, and regular events. The location is perfect for city centre living, with access to unrivalled shopping, entertainment, and transport links, making it an attractive addition to any property portfolio. The city of Manchester is a thriving hub, with a growing population and high rental demand, making this investment opportunity not to be missed.