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106 Elmira Way, Salford

Salford , United Kingdom

£120,000.00

Investment Type: BUY-TO-LET

Est. Completion: AVAILABLE

  • Large Open Planned Living Space
  • Current Gross Yield: 7.8%
  • Expected Gross Yield: 9.25%
  • Popular Residential Area
  • Close To Salford Quays
  • Close To Manchester City Centre

Investment Information

- Full Address: 106 Pioneer House, Salford Quays, Greater Manchester M5 3LL
- Asking Price: Offers Over £120,000.00
- Tenure: Leasehold 135 years remaining
- Ground Rent: £250.00 per annum (approx)
- Service Charge: £1,400.00 per annum (approx)
- Tenancy: Currently tenanted at £780.00pcm
- Current Gross Yield: 7.8%
- Current Net Yield: 6.4%
- Expected Monthly Rental Income: £925.00pcm
- Expected Gross Yield: 9.25%
- Expected Net Yield: 7.9%
- Cladding remedial works will be carried out by the freeholder with no costs attributed to the leaseholder. The seller has this in writing.

Pure Investor brings to the market a one bedroom apartment on the 1st floor of this purpose built block a stone's throw from Salford Quays which features a twenty two feet open plan living space, double bedroom, three piece bathroom and private balcony. The property is currently rented for £780.00pcm with scope to raise this to £925.00pcm. The apartment is being sold with tenants in situ making a terrific turnkey investment opportunity. Many people are drawn to the area due its location within walking distance of Salford Quays, MediaCityUK & exceptional transport links into Manchester.

Entrance Hallway
Inset spot lights, laminate wood effect flooring and access to a large storage cupboard


Kitchen/Dining/Lounge

21' 11'' x 13' 3'' (6.687m x 4.027m)

A terrific 21ft open plan living area. The kitchen area comes complete with a range of wall and base units with integral sink and drainer unit. Integrated oven, hob and extractor, with space for a fridge/freezer and washing machine. The living area comes with inset lighting, an electric wall mounted radiator and double glazed window and door accessing the private balcony. Ample space for a dining table. Laminate wood effect flooring


Bedroom One

18' 9'' x 9' 2'' (5.704m x 2.794m)
A large double bedroom complete with a ceiling light point, wall mounted radiator and two double glazed windows. Carpeted flooring.


Bathroom

6' 11'' x 6' 0'' (2.096m x 1.834m)
Fitted with a modern three piece white suite including bath with shower over, low level w.c and a pedestal hand wash basin. Part tiled walls, inset lighting and cushioned flooring. Access door into the bedroom

106 Elmira Way, Salford - Key Points

Location

Location

Salford , United Kingdom

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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