Guide price
£159,950
1 bed flat for saleWoden Street, Salford, Greater Manchester M5
1 bed
1 bath
1 reception
EPC Rating: B
About this property
Owner occupiers also welcome to enquire
£1,150pcm rental income (circa 8.6% gross yield at guide price)
Modern development with gym, communal terrace and 24/7 concierge
EWS1 form available
Professional tenant in situ, well-maintained unit
EPC Rating = B
Description
*Ideal first time city centre apartment or high yielding buy to let investment (£1,150pcm rental)!*
Savills are delighted to offer this stunning one double bedroom apartment in the highly acclaimed Downtown development, which is currently let at £1,150pcm, offering immediate income and long term potential. The property is also suitable for owner occupiers looking to secure their first home in the city!
This second floor property briefly comprises of a spacious open plan living and kitchen area, whilst the kitchen enjoys a host of built in appliances.
Further, the property comprises of a well-sized double bedroom and a modern three piece suite bathroom which offers a Jack and Jill design, accessed via both the living area and bedroom.
The development boasts a 24/7 concierge service, fob entry, and intercom systems to all apartments. The development is complete with gym, sauna, residents lounges, business suite, cinema room and communal terrace!
This apartment offers an excellent entry point for an owner occupier looking to buy their first home in the city, or it could also be a great buy to let option for the discerning investor.
EWS1 form available with A1 rating, completed July 2025.
Location
Downtown sits in an excellent location along Ordsall Lane between Manchester city centre and Media City. Cornbrook tram stop (0.7m), Deansgate tram & train links (1.1m), and Spinningfields (1.2m) are all within easy reach.
Regent Road Retail Park is also situated just behind the development (0.4m) with a large Sainsbury`s, tk Maxx, Boots, and much more on offer.
Salford Central Train Station is just 1.1 miles away, which provides good access links both in and out of the city centre.
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 1.2m and 3.4m away respectively. Manchester tennis and racquet club also offer superb options for a variety of racket sports, including tennis, padel and squash to name a few, and is located only 1.3m distance.
For cultural activities, locally residents are only 0.8m from Castlefield Bowl which often hosts an array of food festivals and music gigs.
Please note all distances quoted are approximate.
Square Footage: 469 sq ft
Leasehold with approximately 993 years remaining.
Additional Info
Ground rent is reviewed in line with rpi every 10 years, next review to be 2034.
Mortgage calculator
£800 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (992 years)
Service charge
£1,953 per year
Council tax band
A
Ground rent
£536
Ground rent date of next review



.png)