2 bedroom apartment for sale

>

2 bedroom apartment for sale

Devonshire Point, 41 Devonshire Road, Eccles, M30 0SW
£105,000

Price History

Initial price £115,000
29/04/25 £110,000
10/06/25 £105,000
Price Change -8.70%

Description

This fantastic buy-to-let investment opportunity is a ground floor apartment with two double bedrooms, one modern bathroom, and an open-plan kitchen/dining area. The property is already tenanted and has a letting agent in place, making it a great hands-off investment. Located in Salford, it's close to Salford Royal Hospital, Trafford Park, and Manchester's city centre, making it appealing to a wide range of tenants. The area is experiencing rapid growth, with forecasts showing a 46% increase in the local economy and 16% increase in employment levels over the next 20 years. The property is expected to generate a gross yield of 9.09% and a net yield of 5.82%. With a financial breakdown of gross rent £9,540 and net income £6,110.78, this is a great opportunity for investors looking to capitalize on Salford's growth.