NOT SUITABLE FOR OWNER OCCUPIERS - CASH BUYERS ONLY<br /><br />This wonderful two bedroom apartment comprises of; entrance hallway leading to a spacious lounge with large floor to ceiling windows overlooking the quays; a fully fitted kitchen with all appliances included; two double bedrooms with double glazed windows and a en-suite with the master bedroom; a three piece family bathroom with shower over bath. The property is on the 13th floor with fantastic views overlooking Media City, the property is currently tenanted so not suitable for owner occupiers. The cladding remediation works are currently being undertaken, with the costs having been covered by the Government cladding remediation fund.<br /><br />Located in Salford Quays - the newly dubbed ‘Canary Wharf of the North’ - residents have access to a host of restaurants, bars and shops right on their doorstep, as well as having easy access to Manchester city centre via the Harbour City Metrolink tram stop which is just a few minutes walk from the apartment. The area is understandably known as one of the UK’s best buy-to-let hotspots with tenants desperate to live in MediaCityUK. This area offers the ultimate cosmopolitan lifestyle experience for the many people who call the stunning Salford Quays waterfront home, proving that this is one of the most attractive places to live in the UK, and the overwhelming demand for these types of apartments only goes to confirm this.<br /><br />Property prices in Salford are up by over 40% in the last five years alone (Zoopla - September 2018), and industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth. The plans to double the size of MediaCityUK only add to the need for high quality rental accommodation in the surrounding areas.<br /><br /> Financial Breakdown<br /><br /> Gross rent: £11,400 <br /> Ground rent: £250 <br /> Service charge: £2,149 <br /> Lettings fees: £859 <br /> Net income: £8,142 <br /> Gross yield: 6.34% <br /> Net yield: 4.52% <br /> <br /> 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.<br /><br /> <br /> <br /> yieldit ref: YL-15706