Property photos
Leasehold
Guide price
£189,950
(£360/sq. ft)
1 bed flat for sale
Hulme Street, Salford M51 bed
1 bath
1 reception
527 sq. ft
EPC rating: B
Local area information
Property location
Nearby amenities
- St Philip's CofE Primary School 0.1 miles
- The Cathedral School of St Peter and St John RC Primary 0.4 miles
- Salford Central 0.4 miles
- Salford Crescent 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Manchester and Salford to find out more about the local area.
Features and description
- Leasehold
- 1 Double Bedroom
- Open Plan Living Space
- Tenants In Situ
- Gym & Sauna Facilities
- Pool & Cinema Room
- Yield Of 6.6%
Pure Investor is delighted to bring to the market this 1-bed, 3rd-floor apartment in the very popular Local Crescent residence in Salford. Being one of the larger 1-bed apartments in the developments the living/kitchen space is particularly big and offers space for dining, cooking, and entertaining. The apartment comes with a tenant in situ who is currently paying £950.00pcm. We believe the current market rate for the apartment would be around £1,100.00pcm.
Local Crescent is a stand-out development from renowned Salford-based developers Salboy which offers the next level of luxe living for those looking to live or invest in Salford. The facilities on site include a heated swimming pool, cinema room, yoga studio, gym, laundrette, courtyard gardens, 24hr concierge, solarium, sauna & spa.
The apartment itself is located on the third floor with views back over Salford town centre & has a contemporary finish with best-in-class fittings. The accommodation comprises; an open plan living room/kitchen with breakfast bar, ample storage, large bedroom with a Jack & Jill bathroom suite.
Ideally situated just a few minutes walk to the City Centre, yet still within easy reach of Salford University, The Royal Hospital & Media City. This apartment really offers everything you need!
Investment Information
Full address: Flat 314, Block C, Local Crescent, Salford, Manchester M5 4ZH
Number of bedrooms: 1
Number of bathrooms: 1
Purchase price: £189,950.00
Rent per month: £1,050.00
Annual rental income: £12,600.00 per annum
Service charge: £1,972.56 per annum
Ground rent: £168.00 per annum
Gross yield: 6.6%
Net yield: 5.5%
Expected rental income (current market rate): £1,100.00 pcm
Expected gross yield: 6.9%
Expected net yield: 5.8%
Leasehold: 250 years remaining from 5th October 2020.
Council tax band: A
EPC: B (83)
Local Crescent is a stand-out development from renowned Salford-based developers Salboy which offers the next level of luxe living for those looking to live or invest in Salford. The facilities on site include a heated swimming pool, cinema room, yoga studio, gym, laundrette, courtyard gardens, 24hr concierge, solarium, sauna & spa.
The apartment itself is located on the third floor with views back over Salford town centre & has a contemporary finish with best-in-class fittings. The accommodation comprises; an open plan living room/kitchen with breakfast bar, ample storage, large bedroom with a Jack & Jill bathroom suite.
Ideally situated just a few minutes walk to the City Centre, yet still within easy reach of Salford University, The Royal Hospital & Media City. This apartment really offers everything you need!
Investment Information
Full address: Flat 314, Block C, Local Crescent, Salford, Manchester M5 4ZH
Number of bedrooms: 1
Number of bathrooms: 1
Purchase price: £189,950.00
Rent per month: £1,050.00
Annual rental income: £12,600.00 per annum
Service charge: £1,972.56 per annum
Ground rent: £168.00 per annum
Gross yield: 6.6%
Net yield: 5.5%
Expected rental income (current market rate): £1,100.00 pcm
Expected gross yield: 6.9%
Expected net yield: 5.8%
Leasehold: 250 years remaining from 5th October 2020.
Council tax band: A
EPC: B (83)
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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