Middlewood Locks, 15 Middlewood... 1 bed apartment for sale

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Middlewood Locks, 15 Middlewood... 1 bed apartment for sale

Middlewood Locks, 15 Middlewood Street, Salford, M5
£185,000

Price History

Initial price £200,000
14/04/25 £190,000
04/06/25 £186,200
18/07/25 £185,000
Price Change -7.50%

Description

This modern 1-bed-1-bath apartment in Middlewood Locks offers 516 sq ft of living space with floor-to-ceiling windows and high-quality fittings. The property boasts a balcony and an allocated car parking space, making it an ideal choice for both investors and owner-occupants. With a projected 7.14% rental yield, it's a great opportunity for those looking to generate passive income. The apartment is situated in a mixed-use neighborhood that brings together Manchester and Salford, with a canal-side location and easy access to popular areas such as Castlefield and Spinningfields. The property is EWS1 B1 Rated, making it safe from fire risks and mortgage-friendly. With a lease term of 999 years and a service charge of approximately £2112.28 per annum, this property is a great investment opportunity.