£163,000
(£237/sq. ft)
2 bed flat for saleBlackburn Street, Salford M3
2 beds
2 baths
1 reception
689 sq. ft
EPC Rating: B
Leasehold
About this property
Balcony
Central heating
Double glazing
Balcony
2 bathrooms
Ensuite
City centre location
A well-presented two-bedroom, two-bathroom apartment located in the highly sought-after M3 6FY area, offering an excellent opportunity for both investors and owner-occupiers. This property is particularly attractive to buy-to-let investors due to its strong rental demand and attractive yield.
The apartment features a spacious open-plan living and kitchen area, two generously sized bedrooms, and two modern bathrooms, providing comfortable and practical city living. Its location makes it a consistently popular rental property, appealing to professionals seeking convenient access to Manchester city centre, transport links, and local amenities.
Investment Highlights:
Current rental income: £1,140 per month (£13,680 per year)
Ground rent: £275 per year
Service charge: £2,165 per year
Net Yield: 6.9% net yield
This strong ~6.9% net yield combined with the property's proven rental history makes it a compelling opportunity for investors seeking a ready-to-perform asset in a popular rental location.
Key Features:
Two spacious bedrooms
Two modern bathrooms
Open-plan living and kitchen area
Long lease (250 years from 2016)
Proven rental income
Popular location with strong tenant demand
Attractive investment yield
The apartment features a spacious open-plan living and kitchen area, two generously sized bedrooms, and two modern bathrooms, providing comfortable and practical city living. Its location makes it a consistently popular rental property, appealing to professionals seeking convenient access to Manchester city centre, transport links, and local amenities.
Investment Highlights:
Current rental income: £1,140 per month (£13,680 per year)
Ground rent: £275 per year
Service charge: £2,165 per year
Net Yield: 6.9% net yield
This strong ~6.9% net yield combined with the property's proven rental history makes it a compelling opportunity for investors seeking a ready-to-perform asset in a popular rental location.
Key Features:
Two spacious bedrooms
Two modern bathrooms
Open-plan living and kitchen area
Long lease (250 years from 2016)
Proven rental income
Popular location with strong tenant demand
Attractive investment yield
Mortgage calculator
Monthly repayment
£815 per month
Whole of market comparison
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (240 years)
Service charge
£2,165 per year
Council tax band
A
Ground rent
£275
Ground rent date of next review



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