Woden Street, Salford, Greater... 3 bed apartment for sale

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Woden Street, Salford, Greater... 3 bed apartment for sale

Bridgewater Gate, Woden Street, Salford, M5
£210,000

Our Summary

  • Ideal investment opportunity or a wonderful start for a first time buyer
  • 18 PA (at time of advertising)Ground Rent : £345 PA (Deed of Variation in Place)Lease Length : 250 Years From January 2016EWS-1 Grade B-1Auctioneers Additional CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
  • This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
  • The property is being sold via a transparent online auction

Description

This modern three-bedroom apartment is being sold via online auction with a starting bid of £210,000. Located on the fourth floor, the property features an entrance hall, open-plan living/kitchen, three double bedrooms, a bathroom, and a spacious walk-in storage cupboard. The apartment is situated on the corner of Woden Street, close to Salford Quays and the city centre, and offers secure resident parking. Currently tenanted until March 2025, the property achieves a net yield of 6% and has a lease length of 250 years from January 2016. The service charge is £4,876.18 per annum, and the ground rent is £345 per annum. The property is available to view by appointment only and can be bid on through the marketing agent or the auctioneer's website. All bidders must adhere to a verification of identity process in accordance with anti-money laundering regulations.
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