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Leasehold

£170,000

1 bed flat for sale

Wilburn Basin, Ordsall Lane, Salford M5
1 bed
1 bath
Email agent

£170,000

1 bed flat for sale
Wilburn Basin, Ordsall Lane, Salford M5

    • 1 bed

    • 1 bath

  • EPC Rating: C

Leasehold
Reduced on 17/06/2025

About this property

    ***projected 8% rental yield***
    ***cash only***
    Tranquil Living Environment with Easy Access to the City Centre!

    1-Bedroom, 1-Bath Apartment in the Wilburn Basin Development
    495 Sq. Ft. | EWS1 Form Available | Subject to Contract

    Located along the banks of the River Irwell, Wilburn Basin offers the perfect blend of peaceful riverside living and proximity to Manchester's vibrant city centre. Within walking distance of Spinningfields—a bustling hub of work, leisure, and entertainment—this development provides an ideal location for modern urban living.

    Key Features:
    A range of high-quality amenities for residents, including:
    Gym
    Cinema room
    Meeting rooms
    Landscaped gardens
    Regent Road Retail Park right on your doorstep for convenient shopping and dining options.
    Investment Highlights:
    Cash Buyers Only
    Suitable for both investors and owner-occupiers
    Current Rental Yield: 7.41% (£1,050 pcm)
    Projected Rental Yield: 8.12% (£1,150 pcm)
    Tenancy: Periodic Tenancy
    Property Details:
    Lease Term: 250 years from 2015
    Service Charge: £1,426 per annum
    Building Insurance: £400 per annum
    Ground Rent: £300 per annum
    Council Tax Band: B
    EPC Rating: C

    This apartment offers an exceptional opportunity for investors or buyers seeking a well-connected yet serene home in one of Manchester’s most sought-after developments!

    More information

    • Tenure

      Leasehold (239 years)

    • Service charge

      £1,426 per year

    • Council tax band

      B

    • Ground rent

      £300

    • Ground rent date of next review

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