£140,000
2 bed flat for saleDerwent Street, Salford, Greater Manchester M5
2 beds
2 baths
1 reception
- Leasehold
Sold.co.uk
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About this property
2 Bedroom Apartment
Great Investment Opportunity
First Floor
Sold Tenants in Situ - 6.75% Yield
Open-Plan Layout
Modern Fittings
Ensuite Shower Room
Juliette Balcony
Close to Amenities
Long Lease - 239 Years Remaining
*** tenants in situ - investors only ***
This two-bedroom apartment on Derwent Street, Salford presents an excellent investment opportunity, currently tenanted and generating a healthy 6.75% yield. The first-floor property is well-maintained and already providing a reliable monthly rental income of £900, making it ideal for investors looking to expand their portfolio.
The apartment's layout includes a welcoming open-plan living and dining area, a fitted kitchen, two well-proportioned bedrooms (one with en-suite), and a modern family bathroom. The property benefits from its modern build and practical layout, perfect for the rental market.
Located in the heart of Salford, the property enjoys excellent connectivity to Manchester city centre, just a 15-minute drive away. The area is well-served by local amenities, with MediaCity UK and Salford Quays within easy reach. Multiple transport links, including regular bus services and nearby tram stops, make this a convenient location for professionals.
Currently tenanted and providing immediate rental income, this property represents a sound investment opportunity in a growing area. The established rental yield and prime location make this an attractive proposition for investors, and we strongly recommend early viewing to avoid disappointment.
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More information
Tenure
Leasehold (239 years)
Service charge
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review