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2 Bed Flat, Single Let, Salford, M5 4SU £184,000

Riverside, Derwent Street, Salford, M5 4SU - 2 years ago
  1. Deal Search
  2. Salford
  3. M5
  4. M5 4SU
Sold STC
Leasehold
BTL
ROI: 8%
~60 m²

ValuationUndervalued

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Links

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Property History

Price changed to £184,000

September 24, 2025

Price changed to £190,000

September 12, 2025

Price changed to £195,000

June 12, 2025

Listed for £210,000

April 9, 2024

Floor Plans

Description

ALLOCATED PARKING
* 8% RENTAL YIELD*
* ATTENTION INVESTOR*
2nd Floor 2-Bed Apartment with RESIDENT PARKING in the Lowry Wharf development. 645 Sq Ft. EWS1 Form Available. Subject to Contract.

Mortgage Buyers Welcome.
Available to both Investors and Owner-Occupants.
Currently 8.48% Rental Yield @ £1300 PCM
Projected 8.80% Rental Yield @ £1350 PCM
Tenanted until JAN 2026.

Lease Info: 250 Years Lease from 2015
2025 Service Charge: Approximately £1505 PA
2025 Building Insurance: £807 PA
2025 Ground Rent: Approximately £456.82 PA
Council Tax Band - B
EPC Rating - B

Riverside is a chic waterside development in the city centre, offering a variety of modern, high-spec apartments. It’s conveniently located near popular attractions like Deansgate Locks and the MOSI on Liverpool Road, as well as a wide array of shopping facilities and amenities.

The Riverside enjoys a prime location along the River Irwell, with easy access to Cornbrook tram stop, Deansgate tram & train links, and Spinningfields. The nearby Regent Road retail park offers a large Sainsbury’s, TK Maxx, Boots, and more.

Salford Central Train Station is just 0.7 miles away, providing excellent transport links. For sports and entertainment, the famous Old Trafford and Etihad football stadiums are within a few miles. The Manchester National Cycling Centre is also nearby.

Cultural activities abound, with the Castlefield Bowl, known for its food festivals and music gigs, just half a mile away. The development is a gated community with beautiful landscaping and access to the Irwell tow path. The featured first-floor apartment has two equal-sized bedrooms, two bathrooms, a spacious living room with a fitted kitchen, and a Juliette balcony.

Agent Details

NEXIS Property, Manchester

0161 524 2769

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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