2 bed flat for sale

Knightsbridge Court, 2 Blackburn Street, Salford M3

Knightsbridge Court, 2 Blackburn Street, Salford, M3 6Fy

This apartment is immaculately presented throughout and consists of an open plan kitchen and living space, which includes a state of the art fully-fitted kitchen complete with appliances, balcony and floor to ceiling window providing lots of natural light. There are two well-proportioned double bedrooms, the master with ensuite and a family bathroom with three-piece suite and shower over bath. The accommodation is the perfect choice for renters, they can enjoy the benefits of a secure entry system, high-end on-site amenities and a wonderful communal garden.

Knightsbridge Court is a very popular residential development just 1.5 miles from Manchester city centre with a huge selection of shops, bars, restaurants and activities on offer. The city of Salford and Media City UK, which is fast becoming the UK's most sought-after waterfront destination are also within easy reach. Manchester is a popular University city with three brilliant universities which means students and graduates of which will ensure a strong rental demand.

Salford is an unrivalled location for investment, with price growth being higher than the national average and providing high rental yields and good potential for capital growth. The areas surrounding Chapel Street have seen huge redevelopment over the years which has contributed to the desirability of it as a residential location. Industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth so there hasn't ever been a better time to invest.

Financial Breakdown

Gross Rent: £13,800.00
Net income: £11,561.00
Gross yield: 7.67%
Net yield: 6.42%
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-08556