**Standout Features:**
- Exceptional gross yield of 12.5% and net yield of 7.55%
- Tenanted studio apartment generating £190/week rental income
- Modern design with an area appealing to students and young professionals
- EWS1 approved, ensuring safety and compliance
- Amenities include onsite gym, large communal areas, and secure bike storage
- Excellent transport links to Manchester city center
- Leasehold with 976 years remaining and a manageable ground rent of £454.70/year
This modern studio apartment in Salford presents an outstanding investment opportunity, offering immediate tenancy and robust rental yields desired by savvy investors. Built in 2018, the apartment features a bright, compact layout with wooden flooring and integrated appliances, perfect for minimal maintenance. Located near Salford University, it guarantees a steady stream of tenants, primarily students and young professionals drawn to the vibrant city life and excellent transport links to Manchester.
With an EWS1 rating, this property has been deemed safe for occupancy, elevating its appeal significantly. The low crime rate in the area combined with a competent management company assures both comfort and security for tenants. Additionally, take advantage of the complimentary onsite gym and large communal areas that foster a sense of community. While the broadband speeds are slow and the area has marked deprivation, the potential for rental growth in an established renting family neighborhood cannot be overlooked. Act now to secure this ready-made investment in a bustling conurbation—opportunities like this don’t last long!