29 New Bailey Street, Salford, M3 5GN
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Tenanted Investment Opportunity
- Immaculate Condition
- New Development
- Unrivalled resident amenities
- Desirable area of the city
- Impressive return on investment
- Tenant in situ
- Peppercorn ground rent and long lease
Description
New Bailey Street is a beautiful affinity development with first class amenities including 24-hour concierge, residents only gym with high spec equipment, social lounges, working space, regular resident events, in house café, bookable cinema snug, 24/7 parcel collection, super fast Wi-Fi, dog wash and all amenities located in riverside. Perfectly situated in the desirable and convenient city centre area of New Bailey, residents are within walking distance of Spinningfields, Deansgate, award winning restaurants and unrivalled shopping and entertainment facilities.
The location of the development couldn’t be more perfect, everything the thriving city of Manchester has to offer is right on the doorstep as well as unrivalled transport links to travel around the Northwest and beyond, with London being just a two-hour train journey. Properties in Manchester make the perfect addition to a property investors portfolio, with the city being voted the Most Liveable City in the UK (The Economist, 2019) and the 3rd Best City in the World (Time Out, 2021). The city’s population is ever increasing, and rental demand is always extremely high so don’t miss out on this chance to invest and enquire today. Please note letting and management fees may apply.
Financial Breakdown
Gross Rent: £15,300.00
Net income: £12,682.08
Gross yield: 6.12%
Net yield: 5.07%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07933
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
29 New Bailey Street, Salford, M3 5GN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Salford Central Station0.1 miles
- Manchester Deansgate-Castlefield Tram Stop0.3 miles
- St Peters Square Tram Stop0.5 miles
Notes
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Visit our security centre to find out moreDisclaimer - Property reference YL-07933. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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