2 bed flat

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2 bed flat

Riverside, Derwent Street, Salford M5
£171,000

Price History

Initial price £175,000
16/01/25 £171,000
Price Change -2.29%

Description

This 2-bedroom apartment in the Lowry Wharf development offers a high rental yield of 8.23% at £1200 per month. The property is located in the Riverside development, a chic waterside area in the city centre, with easy access to public transport links, shopping facilities, and amenities. The apartment features two equal-sized bedrooms, two bathrooms, a spacious living room with a fitted kitchen, and a Juliette balcony. The property is available to both investors and owner-occupants and is subject to contract. With a 250-year lease, the service charge, building insurance, and ground rent are all relatively low. The apartment is currently vacant and offers a projected high rental yield, making it an attractive investment opportunity.