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2 bedroom apartment for sale
Lowry Wharf, Derwent Street, Salford, Greater Manchester, M5
£135,000
Lowry Wharf, Derwent Street, Salford, Greater Manchester, M5
£135,000
Our Summary
- ***INVESTMENT OPPORTUNITY*** Stunning two double bedroom apartment to let in Lowry Wharf, brand new development on the edge of the city in Salford off Regent Road
- Lease remaining- 125 yearsService charge- £1,688 paGround rent- £330 paThis property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period
- INVESTMENT OPPORTUNITY
Description
This stunning two-bedroom apartment in Lowry Wharf, Salford, is an investment opportunity generating a 7.5% yield. The property is finished to a high standard and features two double bedrooms, a family bathroom, and an en-suite to the master bedroom. The open-plan lounge, kitchen, and dining space is spacious and well-appointed. The apartment also benefits from a gated, allocated car parking space. With a long-term tenant in situ paying £1,100 per month, this property is an attractive opportunity for investors. The lease has 125 years remaining, and the service charge is £1,688 per annum, with a ground rent of £330 per annum. The property is being sold through a modern method of auction, allowing for a quick and efficient completion within 56 days.