2 bedroom apartment for sale

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2 bedroom apartment for sale

Apartment City View Highclere Avenue, Salford
£65,000

Price History

Initial price £85,000
03/09/25 £65,000
Price Change -23.53%

Description

This 2-bedroom apartment on the 13th floor of City View in Salford is being sold by online auction on September 10th, 2025, unless sold prior. The property is currently let at £900pcm on a rolling statutory periodic tenancy, generating an annual income of £10,800 and a gross yield of 16.6% at the guide price of £65,000. The apartment features an open-plan living/dining area, two double bedrooms, and a bathroom/WC, with elevated city views. Situated in a regeneration hotspot close to Manchester city centre, universities, and major transport links, the property benefits from strong demand for affordable, well-located apartments, ensuring consistent occupancy and minimal void risk. The service charge is £1,393.56 for the period July-December 2025, and the ground rent is £100 per annum. Comparable sales in the area include apartments sold for £118,000 and £115,000, demonstrating the potential for long-term capital growth.