Spinner House, 1A Elmira Way... 2 bed flat for sale

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Spinner House, 1A Elmira Way... 2 bed flat for sale

Spinner House, 1A Elmira Way, Salford, M5
£160,000

Our Summary

  • Perfect for investors, the property comes with a tenant in situ, making it a hassle-free investment opportunity
  • Key Features:Investment Opportunity: Tenant in situ, with a rental income of £1,200 pcm (plus £80 pcm for the parking space)Prime Location: Opposite the Salford Quays Tram Stop, providing easy access to Manchester City Centre and surrounding areasProperty Details:Cash purchase onlyLeaseholdTwo spacious bedrooms (one ensuite)Balcony with viewsHyperoptic internet availableGround rent: £275 per annum (subject to review as per the lease)Service charge 2025: £2,335

Description

This stunning 2-bedroom, 2-bathroom apartment on the 4th floor of a luxury building in Salford Quays offers modern living with a balcony and secure parking space. Perfect for investors, the property has a tenant in situ, generating a rental income of £1,200 per month, and comes with a fully furnished interior, including a fitted kitchen and bathroom. With Hyperoptic internet available, the property is situated in a prime location opposite the Salford Quays Tram Stop, providing easy access to Manchester City Centre and surrounding areas. The apartment is available for cash purchase only and comes with a leasehold tenure, with a ground rent of £275 per annum and a service charge of £2,335.55 for 2025. The property is within walking distance to local amenities, including the Lowry Outlet, Lowry Theatre, and bars and restaurants, making it an ideal investment opportunity.
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