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Wilburn Basin, Ordsall Lane, Salford, M5 1 bed apartment for sale
Wilburn Basin, Ordsall Lane, Salford, M5
£170,000
Wilburn Basin, Ordsall Lane, Salford, M5
£170,000
Our Summary
- Investment Highlights:Cash Buyers OnlySuitable for both investors and owner-occupiersCurrent Rental Yield: 7
Description
This 1-bedroom, 1-bath apartment in the Wilburn Basin development offers a tranquil living environment with easy access to Manchester's city centre. The property is located along the River Irwell and features a range of high-quality amenities, including a gym, cinema room, and landscaped gardens. The development is also close to Regent Road Retail Park, providing convenient shopping and dining options. The apartment is suitable for both investors and owner-occupiers, with a current rental yield of 7.41% and a projected rental yield of 8.12%. The property is available for cash buyers only and is offered with a periodic tenancy. With a lease term of 250 years, service charge of £1,426 per annum, building insurance of £400 per annum, and ground rent of £300 per annum, this apartment presents an exceptional opportunity for those seeking a well-connected yet serene home in one of Manchester's most sought-after developments.