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
£235,000

Price History

Initial price £250,000
31/10/24 £240,000
17/06/25 £235,000
Price Change -6.00%

Description

This 2-bedroom, 2-bathroom apartment in the Wilburn Basin development offers a fantastic investment opportunity or a comfortable home for owner-occupiers. With 667 square feet of living space, the property is currently tenanted until June 2026 and offers a projected 6.64% rental yield at £1300 per month. The apartment is situated in a desirable location along the River Irwell, within walking distance to the thriving Spinningfields area, which features a range of amenities, including a gym, cinema room, and landscaped garden. The development also benefits from a 250-year lease, with a service charge of approximately £1990.30 per annum, building insurance of £602.40 per annum, and a ground rent of £300 per annum.