Apartment in Manchester

2-bed apartment for sale

Manchester

2 bedrooms1 bathroom

95.547 €

Listed Oct 14, 2026

About this listing

For sale by Online Auction - 12th of November 2026. Apartment 306, Transport House, 1 Crescent, Salford, M5 4JN Two-Bedroom Investment Apartment Tenanted 12% Current Gross Yield Potential 15%+ Gross Yield Description Apartment 306, Transport House, 1 Crescent, Salford, M5 4JN Two-Bedroom Investment Apartment Tenanted 12% Current Gross Yield Potential 15%+ Gross Yield Town & Country Property Auctions are delighted to offer this two-bedroom apartment in Transport House, 1 Crescent, Salford, presenting an exciting opportunity for investors seeking an income-producing property with potential to enhance returns. Situated on the western fringe of Manchester city centre, the apartment is ideally located for access to Spinningfields, Deansgate, Salford Central and the wider Manchester employment district. The surrounding area benefits from a range of local amenities, restaurants, leisure facilities and public transport connections, making it an appealing location for professionals and commuters. The property is currently tenanted, generating £800 per calendar month (£9,600 per annum), providing an immediate rental income for the incoming purchaser. There is also potential to increase the rental income to in excess of £1,000 per calendar month, subject to market conditions, the tenancy arrangements and any applicable restrictions. At the £80,000 guide price, the current rental income equates to an attractive 12% gross rental yield. Should the rental income reach £1,000 per calendar month, the gross yield would increase to 15% per annum, offering a compelling proposition for landlords looking to maximise their investment returns. The two-bedroom configuration is well suited to the rental market, with potential appeal to professional tenants seeking convenient access to Manchester city centre and surrounding employment hubs. Investment Summary - Guide price: £80,000 - Current rental income: £800 pcm (£9,600 per annum) - Current gross yield: 12% - Potential rental income: In excess of £1,000 pcm - Potential gross yield: In excess of 15% This is an opportunity to acquire a tenanted apartment in a well-connected Greater Manchester location, with existing income and potential to improve the rental return. Prospective purchasers should satisfy themselves as to achievable rental values and undertake their own due diligence regarding the lease, service charges, ground rent, tenancy arrangements and legal pack before bidding. Gross yields are calculated against the guide price and exclude purchase costs, service charges, maintenance, management fees, void periods and other expenses. The potential rental figure is an estimate and is not guaranteed. Leasehold Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk. Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk. UNCONDITIONAL - Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price. Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us. Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

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Listed on

Rightmove

95.547 €