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£193,000

Flat 314, Local Crescent, Salford

  • 0 beds
Flat

£193,000

  • 0 beds
Flat
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Estimate monthly mortgage payment:

£881 per month

Minimum deposit amount:

£9,650
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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 £1100 pcm.
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 4ZHNumber of bedrooms: 1
  • Number of bathrooms: 1
  • Purchase price: £193,000.00
  • Rent per month: £1100.00
  • Annual rental income: £13,200.00 per annum
  • Service charge: £1,972.56 per annum
  • Ground rent: £168.00 per annum
  • Gross yield: 6.8%
  • Leasehold: 250 years remaining from 5th October 2020.
  • Council tax band: A
  • EPC: B (83)

Payment Plan
* Reserve your unit with a signed reservation form Sourcing fee of £2,500 + VAT (50% paid upfront & the remaining 50% paid upon completion)
* Provide certified ID, proof of address and proof of funds to Pure Investor
* Solicitors instructed
* Remaining balance due on completion

Your estimated purchase costs

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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