£195,000
(£302/sq. ft)
2 bed flat for saleRiverside, Derwent Street, Salford M5
2 beds
2 baths
1 reception
645 sq. ft
EPC Rating: B
- Leasehold
NEXIS Property
.png)
About this property
**** allocated parking ****
2nd Floor 2-Bed Apartment with resident parking in the Lowry Wharf development. 645 Sq Ft. EWS1 Form Available. Subject to Contract.
Mortgage Buyers Welcome.
Available to both Investors and Owner-Occupants.
Currently 7.69% Rental Yield @ £1250 pcm
Projected 8.00% Rental Yield @ £1300 pcm
Tenanted until Jan 2026.
Lease Info: 250 Years Lease from 2015
2025 Service Charge: Approximately £1505 pa
2025 Building Insurance: £807 pa
2025 Ground Rent: Approximately £456.82 pa
Council Tax Band - B
EPC Rating - B
Riverside is a chic waterside development in the city centre, offering a variety of modern, high-spec apartments. It’s conveniently located near popular attractions like Deansgate Locks and the mosi on Liverpool Road, as well as a wide array of shopping facilities and amenities.
The Riverside enjoys a prime location along the River Irwell, with easy access to Cornbrook tram stop, Deansgate tram & train links, and Spinningfields. The nearby Regent Road retail park offers a large Sainsbury’s, tk Maxx, Boots, and more.
Salford Central Train Station is just 0.7 miles away, providing excellent transport links. For sports and entertainment, the famous Old Trafford and Etihad football stadiums are within a few miles. The Manchester National Cycling Centre is also nearby.
Cultural activities abound, with the Castlefield Bowl, known for its food festivals and music gigs, just half a mile away. The development is a gated community with beautiful landscaping and access to the Irwell tow path. The featured first-floor apartment has two equal-sized bedrooms, two bathrooms, a spacious living room with a fitted kitchen, and a Juliette balcony.
Zoopla insights
Sign in and gain expert analysis to make informed decisions
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
More information
Tenure
Leasehold (Ask agent)
Service charge
£1,505 per year
Council tax band
B
Ground rent
£457
Ground rent date of next review