1 bedroom apartment for sale

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1 bedroom apartment for sale

FiftyFive, 55 Queen Street, Salford, M3
£195,000

Price History

Initial price £238,000
03/09/24 £210,000
28/11/24 £200,000
15/01/25 £210,000
03/05/25 £205,000
20/06/25 £195,000
Price Change -18.07%

Description

This 11th-floor, 1-bedroom apartment in the Fifty5ive development offers a high rental yield of 8.31% to 8.62% with a current rent of £1350-£1400 per month. The property features a 409 sq ft interior, electric heating, and amenities such as a gym, cinema room, wellness suite, and top-floor roof terrace. The building is pet-friendly and has an EWS1 A1 rating. The property is available to both investors and owner-occupants, with a 250-year lease from 2020 and a service charge of approximately £1834.20 per year. The apartment is currently tenanted until July 2025 and is located in a vibrant community in the heart of Salford and Manchester, with easy access to the cities' amenities.