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£230,000

2 bed flat for sale
The Riverside, Derwent Street, Salford M5

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: C

  • Leasehold

NEXIS Property

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About this property

    Amazing 2-Bed 2-Bath Apartment with large balcony in the Lowry Wharf development. 630 Sq Ft. EWS1 Form Available.

    Allocated Parking Space included.

    EWS1 B1 rated. Mortgage Buyers Welcome.
    Available to both Investors and Owner-Occupants.
    Currently 6.78% Rental Yield @ £1300 pcm
    Projected 7.04% Rental Yield @ £1350 pcm
    Tenanted until May 2025

    Lease Info: 250 Years Lease from 2015
    Service Charge: Approximately £1595.20 Per Annum
    Building Insurance: Approximately £805 Per Annum
    Ground Rent: Approximately £456.82 Per Annum
    Council Tax Band - B
    EPC Rating - C

    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.

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    More information

    • Tenure

      Leasehold (249 years)

    • Service charge

      £1,595 per year

    • Council tax band

      B

    • Ground rent

      £457

    • Ground rent date of next review

    See all recent sales in M5

    Property descriptions and related information displayed on this page are marketing materials provided by - NEXIS Property. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact NEXIS Property for full details and further information.