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. The property has a 999-year lease from 2020 and is currently tenanted, with a tenant paying £900 per month until 2025. The apartment is part of a modern development with a management company in place and features high-spec, fully furnished interiors, including all essential white goods. The location is highly sought after, with a short walk to Media City, Salford Quays Metrolink stop, and nearby amenities such as The Lowry Theatre and Lowry Outlet Mall. The property also benefits from EWS1 approval and a manageable service charge of £1,927 per year. With a ground rent of £350 per year, increasing every five years in line with RPI, this is an attractive investment opportunity for those looking to capitalize on the area's growing popularity.