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Apartment , Ladywell Point, Pilgrims Way, Salford

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Fitted Kitchen
  • Juliet Balcony
  • Two Double Bedrooms
  • Modern Third Floor Apartment
  • Principal Bedroom With En-Suite
  • Modern Family Bathroom
  • Open Plan Living And Dining Area
  • Allocated Parking Space
  • Tenant In Situ Paying £1,000pcm
  • 9.6% Gross Yield

Description

Situated within the popular Ladywell Point development, this modern third-floor two-bedroom apartment enjoys a convenient location within easy reach of Manchester City Centre, Salford Quays, Salford Royal Hospital and excellent public transport links, including the Metrolink.

The property is currently tenanted, achieving £1,000pcm, providing an attractive 9.6% gross yield. The tenant would be happy to remain should an investor purchase, offering an immediate rental income. Alternatively, the property can also be sold with vacant possession, making it an excellent opportunity for a first-time buyer or owner-occupier.

The well-presented accommodation comprises a welcoming entrance hall with a useful storage cupboard, a spacious open-plan living, dining and kitchen area with a Juliet balcony, two generous double bedrooms, with the principal bedroom benefiting from an en-suite shower room, together with a modern three-piece family bathroom.

Further benefits include an allocated parking space, secure communal entrance and a sought-after location close to local amenities, universities, hospitals and major transport links, making it an appealing choice for both investors and owner-occupiers.

Early viewing is highly recommended to appreciate the accommodation, location and investment potential on offer.

Council Tax Band: B (Salford City Council)
Tenure: Leasehold (235 years)
Service Charge: £833 per year
Ground Rent amount (£500pa Fixed)
Lease remaining: 235 years
Service Charge payable: approx. £833pa (new managing agents so SC has reduced considerably - it used to be +£1,200pa)
Ground Rent Deed of Variation

Hall

Kitchen/diner

Living room

Bedroom 1

En-suite

Bathroom

Bedroom 2

Externally

Secure Gated Entrance

Brochures

Brochure
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Undercroft
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Apartment , Ladywell Point, Pilgrims Way, Salford

Approximate location

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Affordability

Monthly repayments£627
Property: £ 125,000
Deposit: £ 12,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Brooke Steel Estates, Edenfield

4 Market Street, Edenfield, BL0 0JN

Our Core Values

1- People

Human beings are the heart of our business and properties are their assets . We love properties but our business is focused on helping people. We identify what each individual client needs from us and then we tweak our service to suit.

2- Continuous improvements

Reviewing our processes and services to continue to grow and develop. Client education and empowerment is important to us, as is staff development and training

3-Community

We care and listen to the needs our our community. Actively

participating to give back and help our local community. Uniform

rail is located at our office for local school to help parents. Any

donations received go into food bank to help those in need.

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Disclaimer - Property reference RS0203. 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 Brooke Steel Estates, Edenfield. 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.

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