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Leasehold

£175,000

(£324/sq. ft)

1 bed flat for sale

Albert Street, Greater Manchester M30
1 bed
1 bath
540 sq. ft
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£175,000

(£324/sq. ft)

1 bed flat for sale
Albert Street, Greater Manchester M30

    • 1 bed

    • 1 bath

    • 540 sq. ft

Leasehold

About this property

    This investment property on Swan Street, Eccles, Greater Manchester, offers an exceptional 9% yield, presenting a unique opportunity for investors seeking strong returns. The property is a newly built development that boasts modern finishes and quality design, making it highly desirable for tenants. Eccles, being a well-connected area within Greater Manchester, continues to experience growth, making it an attractive location for rental properties.

    Key Feature:

    -9% rental yield
    -Newly built development
    -Strong rental demand area
    -Regenerating Eccles location
    -Minimal maintenance required
    -Excellent capital growth potential

    The 9% yield provides a strong return on investment, offering the potential for both immediate rental income and long-term appreciation. Eccles is an area that has seen significant regeneration in recent years, with improved transport links and growing amenities, all of which contribute to higher demand for rental properties.

    The property is positioned in a prime area close to local shops, public transport, and essential services, further boosting its rental appeal. The new build status also means minimal maintenance requirements, offering investors a hassle-free ownership experience in the short term.

    With a growing demand for properties in Eccles and surrounding areas, this investment has a strong potential for both capital growth and stable cash flow. The combination of a high yield and modern design, in an area undergoing regeneration, makes this property an ideal choice for investors looking to add a reliable and profitable asset to their portfolio.

    In summary, this property offers a robust return with the added benefit of being located in a thriving area with great potential for future value growth, making it an attractive long-term investment.

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