Flat for sale in Worrall Street, Salford M5
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Utilities and more details
Property features
- ***investors only***
- EWS1 Form in Place
- Tenanted Investment Opportunity
- 5.54% net Yield
- Ground Floor Apartment
- Two Double Bedrooms
- Allocated Parking for One Car
- Communal Roof Terrace and Gardens
- Highly Desirable Location
- Excellent Transport Links
Property description
With a purchase price of £180,000 and offering a 5.54% net yield, it represents a lucrative investment opportunity in a thriving area.
Upon entering the apartment, you are greeted by an expansive open-plan living area that seamlessly integrates the kitchen, dining, and living spaces. The kitchen is both stylish and functional, boasting ample storage across a range of wall and base units. It is equipped with modern appliances including an integrated oven, hob, extractor fan, fridge, freezer, sink, and a freestanding washer/dryer. The sleek laminate flooring provides a contemporary touch, while the dining and living area features carpeted flooring, offering a cosy and inviting atmosphere. Large double glazed windows with blinds allow natural light to flood the space, complemented by efficient electric heating for year-round comfort.
The primary bedroom is a spacious double, thoughtfully designed with comfort and functionality in mind. It features a double bed, wardrobe, chest of drawers, bedside table, and a double glazed window with blinds, all set against soft carpeted flooring and warmed by electric heating. The second bedroom, also a double, mirrors the primary in its furnishings and layout, ensuring a consistent and comfortable living experience.
The apartment includes a modern bathroom, complete with a shower over the bath, a toilet, and a wash hand basin. The heated chrome towel rail and fully tiled walls add a touch of luxury, making it a perfect retreat for relaxation.
Residents of Bridgewater Point benefit from communal amenities such as a roof terrace and garden, offering serene outdoor spaces to unwind and socialize. The apartment also includes allocated parking for one car, adding to the convenience of city living.
Bridgewater Point is ideally situated in Salford, a vibrant area known for its dynamic blend of cultural heritage and modern development. With excellent transport links and proximity to Salford Quays and Manchester city centre, residents enjoy easy access to a plethora of dining, shopping, and entertainment options. This prime location, coupled with the apartment's modern features and investment potential, makes it a standout choice for both homeowners and investors seeking a blend of comfort, style, and financial return
Open Plan Living (8.58m x 3.84m (28'2" x 12'7"))
Open plan living containing kitchen, dining and living area. Kitchen offers ample storage across a range of wall and base units, integrated oven, hob, extractor fan, fridge, freezer, sink, and freestanding washer/dryer and laminate flooring and the dining and living area offers space for a dining and living area, double glazed window with blinds, electric heating, and carpeted flooring
Bedroom One (4.57m x 2.64m (15'0" x 8'8"))
Bedroom One is a double bedroom with with double bed, wardrobe, chest of drawers, bedside table, double glazed window with blinds, carpeted flooring, and electric heating
Bedroom Two (3.73m x 2.62m (12'3" x 8'7"))
Bedroom Two is a double bedroom with with double bed, wardrobe, chest of drawers, bedside table, double glazed window with blinds, carpeted flooring, and electric heating
Bathroom
Bathroom with shower over bath, toilet, wash hand basin, heated chrome towel rail, mirror and tiled throughout
Parking
Allocated parking for 1 car
Communal Gardens
Communal roof terrace and gardens
Lease Information
Lease Term:- 250 years beginning on and including 1 January 2015
Lease Remaining:- 241 Years Remaining
Ground Rent:- £300pa
Service Charge:- £1,337.88pa
Council Tax:- Band C - £2,066pa
Financial Breakdown
Rental Income:- £967.68pcm - £11,612.16pa
Ground Rent:- £300pa
Service Charge:- £1,337.88pa
net Yield:- 5.54%
Property info
For more information about this property, please contact
The Agency UK, WC2H on +44 20 8128 0617 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by The Agency UK, and do not constitute property particulars. Please contact The Agency UK for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.