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Get brand editions for Philip James Manchester, Manchester

Ordsall Lane, Salford, Greater Manchester, M5

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

681 sq ft

63 sq m

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

  • ***INVESTMENT OPPORTUNITY***
  • Two bedroom apartment
  • 7% Yield
  • 681sq ft
  • Second floor
  • Tenant in situ
  • Service charge £2,300pa & Ground rent £300pa
  • Scenic city views
  • Open plan living room/kitchen

Description

***INVESTMENT OPPORTUNITY***
*TENANT IN SITU* RENT £1275 pcm* *7% YIELD* *MULTIPLE LUXURY AMENITIES* *681 SQFT*

An excellent opportunity to acquire a modern two-bedroom, two-bathroom apartment with a tenant already in situ, providing immediate rental income and an attractive 7% gross yield.

Extending to approximately 681 sq ft, the furnished apartment comprises a bright open-plan living and kitchen area, two double bedrooms including a principal bedroom with en-suite, a modern family bathroom and useful hallway storage.

The development offers an impressive range of residents' amenities, including a 24-hour concierge, on-site gym and cinema room, helping maintain strong appeal within the professional rental market.

Ideally positioned for easy access to Manchester City Centre, Salford Quays and Old Trafford, alongside excellent road and transport connections, the property is well placed to benefit from consistent rental demand.

Service Charge: £2,300 per annum
Ground Rent: £300 per annum
Parking: Not included

A ready-made investment combining immediate rental income, strong tenant appeal and excellent on-site amenities.

Contact Philip James today for further information or to arrange a viewing.

Philip James Manchester is proud to present this brand new unfurnished two bed apartment . A short walk into the city centre, it is in a great location for city living with easy access to Salford Quays, Old Trafford, A57 and M62 access to get in and out of Manchester City Centre Along with a covered private balcony the property comprises of entrance hallway with store cupboard, open plan living room/kitchen, Master bedroom with en-suit double second bedroom and a modern three piece bathroom. The property also benefits from an on site 24hr concierge, gym and cinema room. Please call to arrange your viewing today
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: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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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Ordsall Lane, Salford, Greater Manchester, M5

Approximate location

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Affordability

Monthly repayments£1,093
Property: £ 230,000
Deposit: £ 23,000
Interest rate: 4.85%
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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Get brand editions for Philip James Manchester, Manchester

About Philip James Manchester, Manchester

Ground Floor, Oxid House, 78 Newton St, Manchester, M1 1AL
Industry affiliations:

Our Manchester Sales office is based in a prime location on Deansgate. We understand that customers expect an estate agent who is dynamic, driven, has innovative sales and marketing ideas and achieves results. Our dedicated team of property professionals cover City Centre, Salford Quays and some bordering residential areas. Extended opening hours through the week mean you can view a property at your convenience, and accompanied are available Mon-Thurs until 8pm and Fri-Sat until 5pm.

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Disclaimer - Property reference CCL261138. 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 Philip James Manchester, Manchester. 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.

*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.