Offers over
£130,000
1 bed flat for saleChapel Street, Salford, Greater Manchester M3
1 bed
1 bath
1 reception
EPC Rating: B
Leasehold
About this property
One double bedroom
Great location close to Spinningfields
Currently tenanted until January 2026 at £950pcm
Video available, please contact local office
EPC Rating = B
One double bedroom apartment in the well located Albert Vaults development.
Description
Savills are delighted to present a fantastic one double bedroom apartment in the highly sought after Albert Vaults development.
Benefitting from an excellent location, occupiers will undoubtedly enjoy the easy access into Spinningfields and all that city centre has to offer.
Briefly, the apartment comprises of a spacious entrance hallway, open-plan living and kitchen space, double bedroom and a modern three-piece suite bathroom.
The property is currently tenanted until January 2026, generating a rental income of £950 per month, making it an appealing opportunity for investors seeking immediate rental returns.
For owner-occupiers, vacant possession can be arranged at the end of the tenancy, offering the chance to move in early next year.
Please note that the windows in the property do not open.
EWS1 form available!
This property has cladding, as far as we know the current position with the property is: It’s been tested and there are no works required.* * You should make enquires about the external wall system of the property, if it has cladding and if it is safe or if there are interim measure in place.
Location
Well located on Chapel Street, a short distance from the city centre, Albert Vaults is positioned close to the lively Spinningfields district (0.5m), and has easy access to a variety of Manchester's key attractions.
Deansgate provides a variety of shops and eateries (0.5m), whilst there is also good connectivity in the form of Salford Central (400ft), and Victoria stations (0.7m).
Sports and entertainment are within easy reach also. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2m and 2.5m away respectively.
For cultural activities, locally residents are only 0.8m from Castlefield Bowl which often hosts an array of food festivals and music gigs.
Square Footage: 378 sq ft
Leasehold with approximately 244 years remaining.
Additional Info
Ground rent is reviewed in line with rpi every 10 years, next review date 2029.
Description
Savills are delighted to present a fantastic one double bedroom apartment in the highly sought after Albert Vaults development.
Benefitting from an excellent location, occupiers will undoubtedly enjoy the easy access into Spinningfields and all that city centre has to offer.
Briefly, the apartment comprises of a spacious entrance hallway, open-plan living and kitchen space, double bedroom and a modern three-piece suite bathroom.
The property is currently tenanted until January 2026, generating a rental income of £950 per month, making it an appealing opportunity for investors seeking immediate rental returns.
For owner-occupiers, vacant possession can be arranged at the end of the tenancy, offering the chance to move in early next year.
Please note that the windows in the property do not open.
EWS1 form available!
This property has cladding, as far as we know the current position with the property is: It’s been tested and there are no works required.* * You should make enquires about the external wall system of the property, if it has cladding and if it is safe or if there are interim measure in place.
Location
Well located on Chapel Street, a short distance from the city centre, Albert Vaults is positioned close to the lively Spinningfields district (0.5m), and has easy access to a variety of Manchester's key attractions.
Deansgate provides a variety of shops and eateries (0.5m), whilst there is also good connectivity in the form of Salford Central (400ft), and Victoria stations (0.7m).
Sports and entertainment are within easy reach also. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2m and 2.5m away respectively.
For cultural activities, locally residents are only 0.8m from Castlefield Bowl which often hosts an array of food festivals and music gigs.
Square Footage: 378 sq ft
Leasehold with approximately 244 years remaining.
Additional Info
Ground rent is reviewed in line with rpi every 10 years, next review date 2029.
More information
Tenure
Leasehold (244 years)
Service charge
£2,444 per year
Council tax band
A
Ground rent
£225
Ground rent date of next review
.png){kind=logo}