South Road

PROPERTY OVERVIEW

• Address: 16 New Cross Street, Swinton, Manchester, M27 4TU
• Asking Price: £175,000
• Tenure: Freehold
• Current Rent: £975 per calendar month (£11,700 per annum)
• Gross Yield: 6.7% on asking price
• Tenancy: Active – tenant in situ since April 2025
• Management: Fully managed by Pure City Living
• EPC Rating: C

FINANCIAL RETURNS AT A GLANCE

This property delivers a gross yield of 6.7% – meaningfully above the current national buy-to-let average of approximately 5.0–5.5%. With a tenant already in place since the start of April 2025, you acquire the asset with income flowing from the day of completion. There is no void period, no re-letting cost, and no delay.

• Purchase Price: £175,000
• Monthly Income: £975 pcm
• Annual Income: £11,700 p.a.
• Gross Yield: 6.7%
• Tenure: Freehold (no ground rent, no service charge)
• Management: Fully hands-free via Pure City Living

LOCATION & CAPITAL APPRECIATION

Swinton sits within the Metropolitan Borough of Salford, just five miles northwest of Manchester city centre. It benefits from direct Metrolink tram services into the city, strong road connections via the A57 and M60/M602, and excellent local amenities — all factors that sustain consistent tenant demand and support rental growth.

Greater Manchester is one of the UK’s strongest performing residential property markets, and for good reason:

• Home to over 100,000 students across five universities, creating year-round rental demand
• Major employers including the BBC, ITV, AstraZeneca, Co-op and Amazon have significant regional presences, driving professional inward migration
• The Northern Powerhouse initiative and ongoing regeneration investment continue to channel billions into the region’s infrastructure
• HS2 and Northern Powerhouse Rail connectivity improvements are expected to further boost house prices across Greater Manchester
• Swinton sits within a broader regeneration arc stretching from Eccles through to Salford, with visible neighbourhood investment already underway

Manchester house prices have consistently outperformed the national average over the past decade, and forecasts from major institutions continue to project above-average growth for the North West through to 2028 and beyond. Investors who purchased in this corridor five years ago have seen both strong yield and substantial capital uplift.

FULLY MANAGED – TRULY HANDS-FREE

The property is professionally managed by Pure City Living, handling all aspects of the tenancy on your behalf – rent collection, maintenance, compliance, and tenant liaison. Whether you are based locally or investing from further afield, this is a genuinely passive income asset from the moment you complete.

WHY THIS PROPERTY STANDS OUT

• 6.7% gross yield – above the national average
• Tenant in situ since April 2025 – income from day one
• Freehold – no ground rent or service charge exposure
• Fully managed by Pure City Living – zero landlord hassle
• Swinton, Greater Manchester – strong appreciation corridor
• Realistic asking price of £175,000