£240,000
4 bed terraced house for saleWallness Lane, Salford M6
4 beds
1 bath
1 reception
EPC Rating: E
About this property
Four bedroom HMO investment property
Tenanted Investment Opportunity
One reception room
One bathroom
Spacious accommodation throughout
Strong rental demand location
Suitable for professional sharers and students
Excellent transport links nearby
Close to Salford Quays and Manchester City Centre
Nearby local amenities, schools and parks
Wallness Lane is a spacious four bedroom HMO investment property offering generous living accommodation with one reception room and one bathroom. Situated within an established residential area, the property is well suited to professional sharers and student tenants alike, benefiting from strong rental demand and excellent connectivity into Salford Quays, Manchester City Centre and nearby university campuses. The property presents an attractive opportunity for investors seeking consistent yields in a high demand rental location.
The property is located within the Pendleton and Charlestown area of Salford, an increasingly popular residential district benefiting from excellent transport links, local amenities and access to major employment hubs. The surrounding area is predominantly residential with a mix of traditional terraced housing and newer developments. Residents benefit from nearby supermarkets, schools, parks and convenient access to the A580, Manchester City Centre and Salford Crescent railway station. The area also has a strong student and young professional presence, contributing to sustained rental demand.
Salford continues to undergo significant regeneration and investment, strengthening its reputation as one of Greater Manchester’s key growth locations. Ongoing development across Salford and neighbouring districts includes major residential, commercial and infrastructure projects designed to enhance connectivity, employment opportunities and public spaces. Large scale regeneration initiatives across central Salford and nearby districts are expected to deliver new homes, business space and improved public realm over the coming years, further supporting long term property values and rental demand throughout the area.
Financial Breakdown
Gross Rent: £33,360.00
Net income: £27,936.00
Gross yield: 13.9%
Net yield: 11.64%
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-08520
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