My Street, Salford M5

This Freehold Portfolio Property consists of 8 apartments generating an annual income of approximately £96,000, backed by individual leases extending for about 125 years. Spanning a total plot size of around 5663 sqft, this property is strategically located near Salford Quays and Media City, which is expected to undergo significant expansion by 2030. This development is anticipated to enhance demand for housing in the area, subsequently boosting both rental incomes and property values. The vibrant amenities of Manchester City Centre are just a short tram ride away, providing easy access to a variety of bars, restaurants, and shops. The building itself presents substantial renovation potential. There may be opportunities not only to refurbish but also to extend into loft and basement spaces or even redevelop the site entirely to introduce additional floors and new apartment units. Currently, the property comprises five 1-bedroom apartments and three 2-bedroom apartments with two bathrooms each.