2 bed flat for sale

Devonshire Point, 41 Devonshire Road, Eccles M30

Devonshire Point, 41 Devonshire Road, Eccles, M30 0Sw

Attention investors – investment opportunity in eccles! Two-bedroom ground-floor apartment with terrace and communal gardens.

A fantastic opportunity to acquire this two-bedroom, one-bathroom ground-floor apartment at Devonshire Point, Devonshire Road, Eccles, Manchester, M30 0SW, offered for sale vacant and providing an excellent opportunity for investors, developers or owner-occupiers.

The property offers well-proportioned accommodation with scope to modernise and enhance, subject to any necessary permissions and consents. Being sold vacant, the apartment provides flexibility for the purchaser to refurbish and either retain as a rental investment or pursue an alternative strategy.

Eccles is a well-connected area within Greater Manchester, benefiting from rail and Metrolink services, easy access to the M602 and convenient connections to Manchester city centre, Salford Quays, MediaCityUK and Trafford Park. The area is also benefiting from ongoing town-centre regeneration and investment, supporting the longer-term appeal of Eccles as a residential location.

For investors, the property offers an attractive combination of a two-bedroom layout, vacant possession, refurbishment potential and an anticipated net rental yield of approximately 7.53%, subject to purchase price, achievable rent, costs and the buyer's own due diligence.

With the opportunity to modernise the property and potentially enhance its rental appeal, this represents an exciting value-add investment opportunity in an established and evolving Greater Manchester location.

Enquire today to arrange a viewing and explore the property's potential. Please note, the property may fall within an area where a Selective Licensing scheme applies.

Financial Breakdown

Gross Rent: £10,740.00
Net income: £7,903.36
Gross yield: 10.23%
Net yield: 7.53%
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-07284