£140,000
(£352/sq. ft)
1 bed flat for saleAlbert Vaults, 169-171 Chapel Street, Salford M3
1 bed
1 bath
1 reception
398 sq. ft
EPC Rating: B
Leasehold
About this property
***high rental yield***
3rd Floor 1-Bed Apartment in the Albert Vaults development. 398 Sq Ft. Subject to Contract.
Available to both Investors and Owner-Occupants.
Currently 8.14% Rental Yield @ £950 pcm.
Projected 8.57% Rental Yield @ £1000 pcm.
Tenanted until Jan 2026.
Service Charge: Approximately £2670 pa
Ground Rent: Approximately £350 pa
Council Tax Band - A
EPC Rating - B
Welcome to Albert Vaults
A contemporary 8 storey block of apartments by Novo Property Group situated on the edge of Spinningfields. The building sits proudly in place of the previous ‘Albert Vault Pub’ which we believe to be a hot spot for the locals, dating back to 1872. The apartments have been completed to a high standard throughout with integrated appliances, floor to ceiling windows offering an abundance of natural light, sleek designs throughout, a modern design internally/externally, spacious high spec bathroom suites and must be viewed to be appreciated.
Close to an array of facilities including the well-known restaurants/bars; Menagerie, The Ivy, Australasia, San Carlo, 20 Stories and the list goes on. The location is a shopaholic’s dream with The Arndale and Selfridges within 10 minute’s walk. This also caters perfectly for any commuter as the apartments are a stone’s throw from Salford Central station which is just across the road and also within close proximity to Victoria Station which again is only minutes away.
3rd Floor 1-Bed Apartment in the Albert Vaults development. 398 Sq Ft. Subject to Contract.
Available to both Investors and Owner-Occupants.
Currently 8.14% Rental Yield @ £950 pcm.
Projected 8.57% Rental Yield @ £1000 pcm.
Tenanted until Jan 2026.
Service Charge: Approximately £2670 pa
Ground Rent: Approximately £350 pa
Council Tax Band - A
EPC Rating - B
Welcome to Albert Vaults
A contemporary 8 storey block of apartments by Novo Property Group situated on the edge of Spinningfields. The building sits proudly in place of the previous ‘Albert Vault Pub’ which we believe to be a hot spot for the locals, dating back to 1872. The apartments have been completed to a high standard throughout with integrated appliances, floor to ceiling windows offering an abundance of natural light, sleek designs throughout, a modern design internally/externally, spacious high spec bathroom suites and must be viewed to be appreciated.
Close to an array of facilities including the well-known restaurants/bars; Menagerie, The Ivy, Australasia, San Carlo, 20 Stories and the list goes on. The location is a shopaholic’s dream with The Arndale and Selfridges within 10 minute’s walk. This also caters perfectly for any commuter as the apartments are a stone’s throw from Salford Central station which is just across the road and also within close proximity to Victoria Station which again is only minutes away.
More information
Tenure
Leasehold (244 years)
Service charge
£2,670 per year
Council tax band
A
Ground rent
£350
Ground rent date of next review
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