No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Premium Display
External
Lounge
Dining & Kitchen
Guide price£175,000
Added > 14 days

2 bedroom apartment for sale

Derwent Street, Salford, Greater Manchester, M5
Under offer
Save
Apartment
2 bed
2 bath
EPC rating: C*
645 sq ft / 60 sq m

Key information

Tenure: Leasehold | 112 yrs left
Ground rent: £340 per annum | review period: unconfirmed
Service charge: £1,620.32 per annum
Council tax: Band B
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (112 years remaining)
  • Parking included
  • Investors only
  • Tenanted at £1,150pcm until August 2024
  • Ground floor
  • Two bedroom, two bathroom
  • EWS1 Form available
  • EPC Rating = C
Suitable for investors, turn key tenant in situ. Two bedroom apartment with a 7.36% gross yield and parking space included.

Description

Savills are delighted to present a turn key investment opportunity, a ground floor two double bedroom apartment with parking included in the Delaney Building.

The apartment internally briefly comprises of a living and kitchen area which is a well thought out, open-plan design offering ample living and dining space.

Further, there are two sizeable double bedrooms with the main bedroom benefitting from an en suite bathroom. The primary bathroom enjoys the same finish with bath and overhead shower facility within.

Externally, the property benefits from the service of the Lowry Wharf concierge and a parking space included in the sale price.

The apartment is currently suitable for investors only, being tenanted at £1,150pcm until August 2024.

EWS1 Form available!

This property has cladding, as far as we know the
current position with the property is:
‘It’s been tested and there are no works required’
* You should make enquires about the external wall system
of the property, if it has cladding and if it is safe or if there
are interim measure in place.

Location

The Delaney Building sits in an excellent location along the banks of the River Irwell. Cornbrook tram stop (0.6m), Deansgate tram & train links (0.9m), and Spinningfields (0.9m) are all within easy reach.

Regent Road retail park is also situated nearby (0.3m) with a large Sainsbury's, TK Maxx, Boots, and much more on offer.

Salford Central Train Station is just 0.7 miles away, which provides good access links both in and out of the city centre.

For sport and entertainment. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2.2m and 3.4m away respectively.

For cultural activities, locally residents are only 0.5m from Castlefield Bowl which often hosts an array of food festivals and music gigs.

Please note - all distances provided are approximate.

Square Footage: 624 sq ft
Leasehold with approximately 113 years remaining.


Additional Info

We are advised the ground rent review increases in line with RPI, with the next review due 2033
Building insurance: £613.50 per annum
Leasehold expiry date: 2136

Places of interest

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    *DISCLAIMER

    Property reference MNS230075. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills - Manchester Bridge Street.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 6, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on November 5, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.