1 bedroom flat for sale

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1 bedroom flat for sale

The Gateway, 15 Trafford Road, Salford, Salford, M5
£128,000

Price History

Initial price £133,000
03/05/25 £128,000
Price Change -3.76%

Description

This 9th floor one-bedroom apartment at The Gateway in Salford Quays is an ideal investment opportunity, with a tenant currently in situ paying £900 per month until August 2025. The property boasts modern, fully furnished interiors and comes with a 999-year lease from January 2020. The development, completed in 2020, offers stunning views of the surrounding area and is located just a short walk from Media City, with its array of restaurants, bars, and shops. The Salford Quays Metrolink stop is also just across the road, making it an ideal location for commuters. The property comes with a service charge of £1,927 for 2025, payable quarterly, and a ground rent of £350 per year, which increases every five years in line with RPI. This is a great opportunity for investors to get a foothold in a sought-after location, with potential for long-term rental income.