2 Bed Apartment House For Sale Ordsall Lane, Salford, M5

£180,000- Apartment

1 of 9
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 18th May 2024

Description

Modern two double bedroom apartment within the popular Bridgewater Point development

\rDescription

Savills are delighted to present a ready-let turn key investment to the sales market in the Bridgewater Point development.

This modern apartment briefly comprises of an entrance hallway leading to two double bedrooms, a spacious open-plan living and kitchen area, and three piece suite bathroom.

Built in 2015, Bridgewater Point showcases an excellent rental track record benefitting from a large level of regeneration in the surrounding Ordsall area.

Please note the property is currently tenanted at £1200pcm until 11th April 2025 and is therefore available to investors only currently.

EWS1 Form available!

This property has cladding, as far as we know the current position with the property is:
‘It’s been tested and there are no works required’
* You should make enquires about the external wall system of the property, if it has cladding and if it is safe or if there are interim measure in place.

Location

Bridgewater Point sits in a prime 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.

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: 677 sq ft
\rLeasehold with approximately 242 years remaining.
\r \r

Additional Info

£300 per annum (reviewed in line with RPI every 10 years, next review due 2025)
Agent Details
Savills
50 Bridge Street, Manchester, M3 3BW

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£221,250
Manchester, M15
Barn Conversion
9
£249,000
Salford, M5
Flat
8.8
£180,000
, M5
Apartment
8.2
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested