Ordsall Lane, Manchester, M5
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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Key features
- 2 Double bedrooms
- 2 Bathrooms (incl. en-suite)
- 24-hour concierge service
- On-site gym and cinema room
- Ideal for homebuyers & investors alike
- Prime location near Spinningfields & city centre
- Bright & Airy Open-Plan Living Area
- EWS1 form completed November 2020
Description
Situated within the popular Wilburn Basin development on Ordsall Lane, this well-presented two-bedroom, two-bathroom apartment offers an excellent opportunity for both investors and city-based buyers.
The property extends to approximately 66 sq m and features a bright open-plan living and kitchen area, complemented by a Juliet balcony allowing for natural light and ventilation. The layout includes two double bedrooms, with the primary bedroom benefitting from an en-suite, alongside a modern main bathroom.
Currently tenanted at £1,300 per calendar month, the apartment provides a strong and immediate income stream, making it an attractive buy-to-let investment. The long 240-year lease adds further long-term security and appeal.
Located close to Manchester city centre, Spinningfields, and Salford Quays, Wilburn Basin remains a highly sought-after development for professionals, supported by strong rental demand and excellent transport links.
Property Details
Guide Price: £180,000
Tenure: Leasehold (250 years from 2016)
Lease Remaining: Approx. 240 years
Ground Rent: £300 per annum
Service Charge: £2,200 per annum
EPC Rating: B
Council Tax Band: C
Floor Area: 66 sq m
Current Rent: £1,300 pcm
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Call or send an enquiry today to arrange a viewing or request further details.
EPC rating: B. Tenure: Leasehold,- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Ordsall Lane, Manchester, M5
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Visit our security centre to find out moreDisclaimer - Property reference P2739. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Belvoir, Leicester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Belvoir, Leicester on 0116 366 1617.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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