2-bedroom flat · M5 4EE
For saleListed 25 days
Opportunity summary
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About
3 Craven Street, Salford, M5 4EE Yieldit are pleased to offer to the market this well positioned two bedroom duplex apartment, situated within a modern, high standard development in Salford and offering an attractive investment opportunity.
The apartment benefits from lift access and provides well presented accommodation arranged over two levels.
The upper floor comprises two generously sized double bedrooms, both benefiting from fitted wardrobes, together with a modern bathroom featuring both a bath and separate shower.
The lower level provides a bright and contemporary open plan living space, incorporating a high gloss fitted kitchen with dining and living areas, creating a practical and appealing space for both everyday living and entertaining.
There is also a separate WC on this level, along with two useful storage cupboards providing additional practical storage.
Craven Street is well placed for access to Salford and Manchester city centre, with a wide range of shops, restaurants, employment opportunities and leisure facilities nearby.
The area benefits from excellent transport links, making it convenient for commuters and professionals working across Salford and Greater Manchester.
Salford's growing population and strong rental demand continue to support the appeal of residential property in the area.
Salford is undergoing substantial regeneration and investment, with the city council targeting the delivery of 40,000 new homes and 40,000 new jobs by 2040 across its strategic growth areas.
Major regeneration projects are transforming areas of the city, including the Crescent, where a long term masterplan is being delivered to create new homes, jobs and improved amenities.
City Centre Salford is also planned for significant residential growth, with around 10,460 new dwellings identified within the wider area.
Financial Breakdown Gross Rent: £16,800.00 Net income: £11,587.52 Gross yield: 8.84% Net yield: 6.1% 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-08615
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Apartment 423 Middlewood Plaza, 3 Craven Street, Salford
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