Summary - City Suites, Chapel Street, Salford, M3 7NH M3 7NH
1 bed 1 bath Serviced Apartments
**Standout Features:**
- One-bedroom serviced apartment in City Suites Apart Hotel
- Excellent location near Deansgate, Victoria Station, and Manchester Arndale
- Fully managed by the building operators for hassle-free ownership
- Access to on-site amenities including gym, swimming pool, and restaurant
- Average crime rate and strong local community appeal
- Auction sale, starting bid subject to reserve price
- Potential gross income of £13,838 per year, net income approximately £5,123 after service charges
**Concerns:**
- Serviced apartment not suitable for permanent residence
- Service charge of £8,715 may impact overall profitability
Discover a unique investment opportunity with this one-bedroom serviced apartment located in the sought-after City Suites Apart Hotel on Chapel Street, Salford. Just a short stroll from vibrant attractions like Deansgate and Manchester Arndale, this property offers both comfort and accessibility, making it an ideal choice for short-term rental clients. With a current gross income potential of £13,838 annually, this fully managed apartment allows you to enjoy a truly hands-off investment experience.
The property features a contemporary kitchen and bathroom, complemented by spacious amenities including a modern gym and pool. While the substantial service charge of £8,715 should be considered, the low crime rate and strong demand in this cosmopolitan neighborhood underscore its investment viability. Please note, this unit is strictly for investment—permanent residence is not permitted. Don't miss out on securing this lucrative opportunity through the Modern Method of Auction—an asset that promises to be in demand!
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