1 bedroom apartment for sale

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1 bedroom apartment for sale

Hulme Street, Salford M5
£189,950

Price History

Initial price £210,000
23/02/24 £189,950
Price Change -9.55%

Description

This 1-bed, 3rd-floor apartment in the Local Crescent residence in Salford offers a spacious living/kitchen area, a tenant in situ paying £950.00 pcm, and a potential rental income of £1,100.00 pcm. The apartment boasts modern finishes and is located in a stand-out development from renowned developers Salboy, offering facilities such as a heated swimming pool, cinema room, and gym. The apartment is situated just a few minutes' walk from the city center and is an excellent investment opportunity with a gross yield of 6.0% and a net yield of 5.4%. The purchase price is £189,950.00, and the leasehold has 250 years remaining from 5th October 2020. The council tax band is A, and the EPC rating is B (83).