Worrall Street, Salford M5 4YA
YI

Worrall Street, Salford M5 4YA

By yieldit

£ 195,000

yieldit says ..

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - EWS1 FORM IN PLACE!<br /><br />We are pleased to offer this opportunity to invest in a spacious and modern two bedroom apartment in the highly sought-after development, Bridgewater Point. This fantastic development in Salford offers the ultimate living space for professionals.<br /><br />The apartment boasts a spacious and bright setting including a modern fully fitted kitchen and large open plan living space, as well as a spacious bedrooms designed to a high specification. The apartment is located on the second floor.<br /><br />The popularity of the building is no surprise, boasting beautiful communal landscaped gardens where residents can relax, and an on-site gym providing the perfect serene retreat from the hustle and bustle of busy city life. Bridgewater Point is close to a number of local transport options including buses, trams and trains, making travel between Salford and its neighbouring cities quick and easy.<br /><br />The area of Salford has now seen regeneration worth over £100 million being injected into the area over the past 10 years. This includes the likes of the £10 million Chapel Street Corridor transformation (Salford’s gateway to Manchester) and the current £650m regeneration scheme of Salford Central, which is already well underway making now the perfect time to invest in the area.<br /><br /> Financial Breakdown<br /><br /> Gross rent: £11,940 <br /> Ground rent: £345 <br /> Service charge: £1,851 <br /> Lettings fees: £1,194 <br /> Net income: £8,550 <br /> Gross yield: 6.12% <br /> Net yield: 4.38% <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-16941

Bedrooms
2
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
298,335.00 £
Increased by 24.44 %
from 239,734.00 £
Average area rental value
1,397.00 £/mo
Increased by 10.61 %
from 1,263.00 £/mo
Est rental Yield
5.62 %
Decreased by 11.08 %
from 6.32 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
Old Trafford Community AcademyAcademy ConverterGood0.92 KM
Primrose Hill Children'S CentreChildren's Centre Linked Site1.04 KM
Primrose Hill Primary School And Children'S CentreCommunity SchoolRequires improvement1.04 KM
St Alphonsus Rc Primary SchoolVoluntary Aided SchoolOutstanding1.15 KM
St Philip'S Cofe Primary SchoolVoluntary Aided SchoolGood1.18 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Dyer Street £ 265,00000.00 KM
Woden Street £ 130,00000.00 KM
Waterways Avenue £ 49,99500.00 KM
Asgard Drive £ 225,00000.00 KM
Worrall Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Salford Crescent2794SLD1.75 KM
Salford Central2798SFD1.86 KM
Deansgate2963DGT1.89 KM
Manchester United Football Ground2996MUF2.76 KM
Manchester Oxford Road2966MCO2.89 KM

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