1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- Call Today to Receive a Floor Plan
- 6% Rental Return
- Completed Investment
- View Info Pack Today
- 900m from Spinningfields
- 1 & 2-Bedroom Apartments
- Prices from £90,000
- Minimum Rental Income from £9,599
M5 Fully Managed Apartments, H486
For Investment Purposes or Owner Occupiers - only 15% Deposit Required
M5 Fully Managed Apartments give investors a completed, residential investment opportunity in the heart of Greater Manchester. Located in Salford, just a short distance from Manchester city centre, chic 1 and 2-bedroom apartments have been completed to the highest quality and taste.
Prices start from £90,000 which is incredibly below market value given the currently thriving Manchester market. Rental returns are also at 6%, meaning you could earn an annual rental income of at least £9,599 per year.
For an easy, hands-off investment, these apartments can be managed by an experienced rental management company. Equally, they can be purchased to live in and managed by the investor. Located just 6 minutes from Manchester Piccadilly train station, this exclusive development sits in one of Manchester’s most convenient and desirable locations.
To Receive Free Floor Plans, Virtual Tour or Availability, Call or Register below for an Info Pack
Although this is an amazing investment opportunity, we do also welcome owner-occupiers to purchase units in this development.
Investment Overview
6% Rental Return
Residential Investment
View Floor Plans Today
Prime Salford Location
11.7% Price Growth by 2027
Prices from £90,000
Minimum Rental Income from £9,599
Investing in Manchester
Investing in Manchester has never been a more lucrative venture. With prices remaining affordable compared to other UK cities such as London, and with rental returns projected between 5-6%, it also has the highest price appreciation in the UK.
Buying a property in Manchester now will almost certainly earn you a sizeable return on investment through both rental income and long-term capital growth. Areas such as Salford are particularly hot right now due to their attractive price points and proximity to Manchester city centre.
Places like MediaCityUK in Salford are a hive for young professionals, who make up a large percentage of the demographic currently renting in the Greater Manchester area. Creative individuals working in media, music, advertising, and TV are moving here in their thousands and are increasingly drawn to exclusive developments like this one.
RWinvest was recently voted Best Real Estate Agency in the UK for 2023/2024. Contact us today to discuss this amazing property with a member of our award-winning team!
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*DISCLAIMER
Property reference H486. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by RWinvest - M5 Fully Managed Apartments.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on February 4, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.