1 bed flat for sale

Local Blackfriars, 54 Bury Street, Salford M3

Local Blackfriars, 54 Bury Street, Salford, M3 7Fw

Yieldit are delighted to introduce this fantastic 5th floor, one bedroom apartment at the prestigious development, Blackfriars to the market.

Blackfriars is an exclusive development located within Salford and was created by well know developer, Salboy. The apartment is within a short 5 minute walk from the central retail district and local transport links such as Victoria Train Station. The development itself offers residents a range of facilities such as a 27/7 concierge, bistro bar, gymnasium, cinema room, laundrette and a stunning communal gardens.

This generously proportioned one bedroom apartment is situated on the fifth floor of the development, and offers spacious accommodation throughout. The apartment comprises of a large open plan reception area which incorporates a contemporary high gloss kitchen with integrated appliances as well as floor to ceiling windows with fantastic views. The double bedroom is accessed from the reception area and benefits from a Jack and Jill bathroom. This apartment is finished to an excellent specification and residents benefit from incredible onsite amenities including Cinema room, yoga studio, fully-equipped gymnasium, laundrette, courtyard gardens, bistro & coffee shop.

House price growth in Manchester has been some of the highest in the UK and its buy-to-let market is ranked the best in the country. Manchester's‚ population has boomed; add this to the exceptionally high graduate retention rate of 60% in this student city, as well as housing supply far outstripping demand and it creates the perfect climate for property investors.

Please note, lettings and management charges may apply.

Financial Breakdown

Gross Rent: £12,600.00
Net income: £9,765.00
Gross yield: 7%
Net yield: 5.43%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08107