Wilburn Basin, Ordsall Lane, Salford, M5 2 bed apartment for sale

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Wilburn Basin, Ordsall Lane, Salford, M5 2 bed apartment for sale

Wilburn Basin, Ordsall Lane, Salford, M5
£220,000

Price History

Initial price £245,000
12/04/25 £229,500
15/07/25 £224,900
02/08/25 £220,000
Price Change -10.20%

Description

This 2-bedroom, 2-bathroom apartment in the Wilburn Basin development is available for cash buyers only. With a projected 7.09% rental yield at £1300 per month, it's an attractive investment opportunity. The property is currently tenanted until August 2025 and has a lease term of 250 years from 2017. With a service charge of £1877.44 per annum, building insurance of £626.20 per annum, and ground rent of £300 per annum, this property is perfect for buy-to-let investors. Located along the River Irwell, the apartment is within walking distance to Spinningfields, a thriving hub for work, rest, and play, and offers a range of amenities including a gym, cinema room, meeting rooms, and landscaped garden.