Manchester, Waterside Studio Apartments £79,000

Property Fit has sourced a limited number of newly developed studio apartments in the desirable area of Salford Quays.  Already tenanted, this really is an affordable, turnkey investment opportunity providing an 8% yield.

The apartments are modern and have been finished to provide contemporary living accommodation – light and airy with many innovative space saving features.  The building is fully secure and has video intercom entry system and 24 hour concierge.

Salford Quays is one of the hottest re-development areas in the UK with a really buzzing vibe providing stylish waterside accommodation and a huge range of entertainment right on the doorstep. A mecca for the discerning shopper and with some of the country’s finest museums, live theatre and restaurants there is plenty of entertainment close at hand. There is also top sporting action to be found as Salford Quays are home to Manchester United FC and Lancashire County Cricket Club.  These apartments are close to the tram stop which will get you into Manchester City Centre in just 15 minutes.

If you are just starting out as a property investor, these apartments are the ideal cornerstone to your portfolio.

Purchase price: £79,000
Area: M50
Property Type: Studio apartment
Tenant Profile: Already tenanted
Expected Yield: 8%
Rent: £525
Transport Links: Excellent