2 bed flat for sale

Ordsall Lane, Manchester M5

Situated within the popular Wilburn Basin development on Ordsall Lane, this well-presented two-bedroom, two-bathroom apartment offers an excellent opportunity for both investors and city-based buyers.

The property extends to approximately 66 sq m and features a bright open-plan living and kitchen area, complemented by a Juliet balcony allowing for natural light and ventilation. The layout includes two double bedrooms, with the primary bedroom benefitting from an en-suite, alongside a modern main bathroom.

Currently tenanted at £1,300 per calendar month, the apartment provides a strong and immediate income stream, making it an attractive buy-to-let investment. The long 240-year lease adds further long-term security and appeal.

Located close to Manchester city centre, Spinningfields, and Salford Quays, Wilburn Basin remains a highly sought-after development for professionals, supported by strong rental demand and excellent transport links.

Property Details

Guide Price: £180,000

Tenure: Leasehold (250 years from 2016)

Lease Remaining: Approx. 240 years

Ground Rent: £300 per annum

Service Charge: £2,200 per annum

EPC Rating: B

Council Tax Band: C

Floor Area: 66 sq m

Current Rent: £1,300 pcm

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Call or send an enquiry today to arrange a viewing or request further details.

EPC rating: B.