M3 5EP - 2 bedroom apartment for sale in Chapel Point, Chapel Street…

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2 bedroom apartment for sale in Chapel Point, Chapel Street, Salford, Manchester, M3 5EP, M3

Summary - 241 Chapel Street, SALFORD M3 5EP

2 bed 1 bath Apartment

**Standout Features:**

- Newly renovated 2-bedroom apartment
- Enjoy a south-facing balcony with city views
- Allocated parking space available for an additional £40 pcm
- Vacant and chain-free for a quick move
- Located near Spinningfields and excellent transport links
- Potential rental income of £1,100 pcm, yielding 9% p.a.
- Council Tax Band B, EPC rating C (Potential B)
- Leasehold with 77 years remaining

This contemporary two-bedroom apartment presents an excellent investment or first-time buyer opportunity, showcasing a fresh renovation throughout. The spacious open-plan living area and modern kitchen seamlessly flows to a private south-facing balcony, ideal for soaking up urban vistas. With an impressive potential rental yield of 9% p.a., this small yet perfectly positioned unit could become a lucrative asset for investors.

While the property offers attractive features such as allocated parking and a favorable council tax band, note that the leasehold of 77 years might pose challenges for some mortgage lenders. The apartment's location in a bustling, cosmopolitan student neighborhood provides convenience with local amenities and excellent transport access; perfect for city living enthusiasts. Don’t miss out on this chain-free gem—ideal for those looking to move in quickly or capitalize on the robust rental market!

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