2 bedroom apartment for sale

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2 bedroom apartment for sale

Wilburn Basin, Ordsall Lane, Salford, M5
£245,000

Price History

Initial price £259,000
08/02/25 £245,000
Price Change -5.41%

Description

This 2-bedroom, 2-bathroom apartment in the Wilburn Basin development is available for investors, with a projected 6.12% rental yield at £1300 PCM. The property is currently tenanted until August 2025 and has a lease term of 250 years from 2017. The service charge is approximately £1877.44 PA, building insurance is £626.20 PA, and ground rent is £300 PA. The property is situated in a desirable location along the River Irwell, within walking distance to Spinningfields, a thriving hub for work, rest, and play. Residents of Wilburn Basin enjoy a range of amenities, including a gym, cinema room, meeting rooms, and landscaped gardens, as well as being close to Regent Road Retail Park.