Two-bedroom investment apartment in Salford

Apartment 306, Transport House, 1 Crescent, Salford, M5 4JN. Two-Bedroom Investment Apartment. Town & Country Property Auctions are delighted to offer this two-bedroom apartment in Transport House, 1 Crescent, Salford, presenting an exciting opportunity for investors seeking an income-producing property with potential to enhance returns. Situated on the western fringe of Manchester city centre, the apartment is ideally located for access to Spinningfields, Deansgate, Salford Central and the wider Manchester employment district. The surrounding area benefits from a range of local amenities, restaurants, leisure facilities and public transport connections, making it an appealing location for professionals and commuters. The property is currently tenanted, generating £800 per calendar month (£9,600 per annum), providing an immediate rental income for the incoming purchaser. There is also potential to increase the rental income to in excess of £1,000 per calendar month, subject to market conditions, the tenancy arrangements and any applicable restrictions. At the £80,000 guide price, the current rental income equates to an attractive 12% gross rental yield. Should the rental income reach £1,000 per calendar month, the gross yield would increase to 15% per annum, offering a offering a compelling proposition for landlords looking to maximise their investment returns. The two-bedroom configuration is well suited to the rental market, with potential appeal to professional tenants seeking convenient access to Manchester city centre and surrounding employment hubs. Investment Summary includes a guide price of £80,000, current rental income of £800 pcm, current gross yield of 12%, potential rental income of in excess of £1,000 pcm, and potential gross yield in excess of 15%. This is an opportunity to acquire a tenanted apartment in a well-connected Greater Manchester location, with existing income and potential to improve the rental return.