£171,000
2 bed flat for saleRiverside, Derwent Street, Salford M5
2 beds
2 baths
1 reception
EPC Rating: B
Leasehold
About this property
High rental yield!2nd Floor 2-Bed Apartment in the Lowry Wharf development. 624 Sq Ft. EWS1 Rated B1. Subject to Contract.
Mortgage Buyers Welcome.
Available to both Investors and Owner-Occupants.
Current 7.72% Rental Yield @ £1100 pcm.
Projected 8.242% Rental Yield @ £1200 pcm.
Tenancy end Feb 2026
Lease Info: 250 Years Lease from 2015
2025 Service Charge: Approximately £1510 pa
2025 Building Insurance: Approximately £809 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.
Mortgage Buyers Welcome.
Available to both Investors and Owner-Occupants.
Current 7.72% Rental Yield @ £1100 pcm.
Projected 8.242% Rental Yield @ £1200 pcm.
Tenancy end Feb 2026
Lease Info: 250 Years Lease from 2015
2025 Service Charge: Approximately £1510 pa
2025 Building Insurance: Approximately £809 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.
More information
Tenure
Leasehold (Ask agent)
Service charge
£1,510 per year
Council tax band
B
Ground rent
£457
Ground rent date of next review
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