1 bedroom flat for sale

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1 bedroom flat for sale

M5 Fully Managed Apartments, Oldfield Road, Salford, Manchester
£136,500

Price History

Initial price £140,000
05/01/24 £136,500
Price Change -2.50%

Description

M5 Fully Managed Apartments in Salford offer a completed residential investment opportunity in the heart of Greater Manchester, with 11.7% price growth projected by 2027. Prices start from £90,000, providing a minimum rental income of £9,599 per year. This hands-off investment can be managed by an experienced rental management company, or purchased for owner occupancy. Located just 6 minutes from Manchester Piccadilly train station, this development sits in one of Manchester's most convenient and desirable locations. With rental returns of 6%, investing in Manchester has never been more lucrative, and areas like Salford are particularly hot due to their affordable prices and proximity to the city centre.