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2 Bed Flat, Cash/Bridging Only, Salford, M5 3LH £160,000

Spinner House, 1A Elmira Way, Salford, M5 3LH - a year ago
  1. Deal Search
  2. Salford
  3. M5
  4. M5 3LH
Leasehold
Cash
ROI: 3%
~68 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

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Property History

Listed for £160,000

August 12, 2024

Floor Plans

Description

  • Investment property +
  • Tenant in situ +
  • Management company in situ +
  • Cash offers welcome +

2 bedroom, 2 bathroom furnished apartment with balcony and secure parking space for sale!

Luxury 4th Floor Two-Bedroom Apartment in Salford Quays

This stunning, fully furnished two-bedroom apartment on the fourth floor offers modern living in an idyllic Salford Quays location, with the added convenience of a balcony and allocated parking. Perfect for investors, the property comes with a tenant in situ, making it a hassle-free investment opportunity.

Key Features:

Investment Opportunity: Tenant in situ, with a rental income of £1,200 pcm (plus £80 pcm for the parking space)

Prime Location: Opposite the Salford Quays Tram Stop, providing easy access to Manchester City Centre and surrounding areas

Property Details:
Cash purchase only
Leasehold
Two spacious bedrooms (one ensuite)
Balcony with views
Hyperoptic internet available
Ground rent: £275 per annum (subject to review as per the lease)
Service charge 2025: £2,335.55
Furnishings:
Fully furnished, including fitted kitchen and bathroom

Local Amenities:

Entertainment & Shopping: A short walk to the Lowry Outlet, Lowry Theatre, and a variety of bars and restaurants
Transport Links: Only a 10-minute walk to Salford Quays or Exchange Quay tram stops, with easy commutability to Manchester City Centre
Convenience: Tesco Express nearby and within walking distance to Media City
Important Notes:

Images shown are of the show apartment; actual size and layout may vary.

Agent Details

X1 Sales & Lettings, Salford

0151 453 8069

Next Steps?

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

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Investment Opportunity

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