1 bedroom apartment for sale

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1 bedroom apartment for sale

Knowles Court, Eccles Old Road M6
£115,000

Price History

Initial price £120,000
14/11/25 £115,000
Price Change -4.17%

Description

This is an excellent opportunity to acquire a first-floor one-bedroom apartment in the popular Knowles Court development on Eccles Old Road, Salford. The property features a bright and spacious living area, fitted kitchen, double bedroom, and modern bathroom, with a private lock-up garage providing additional storage or secure parking. The apartment is currently let to a reliable long-term tenant, offering an immediate and consistent rental income, with a lease term in excess of 900 years and low service charges and ground rent. The property is located in a highly sought-after area with excellent access to Manchester city centre, MediaCityUK, and Salford Royal Hospital, and is well served by public transport. The area has proven to be a strong and resilient choice for investors, with property values and rental yields showing consistent growth over the past decade. With a gross yield of 6.57% and net yield of 5.27%, this property represents a solid long-term investment with minimal ongoing costs.