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
£186,200

Price History

Initial price £200,000
15/04/25 £190,000
04/06/25 £186,200
Price Change -6.90%

Description

This modern 1-bedroom, 1-bathroom apartment in Middlewood Locks offers 516 sq ft of living space with floor-to-ceiling windows and high-quality fittings. With a balcony and allocated car parking space, it's perfect for both investors and owner-occupants. The property is currently tenanted until July 2025 and has a projected 6.95% rental yield. The development is situated where Manchester and Salford meet, with a canal-side location and easy access to popular areas such as Castlefield and Spinningfields. With a 999-year lease since 2018, EWS1 B1 Rated, and a service charge of approximately £2112.28 PA, this property is a great investment opportunity.