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Living Room
Living Room
Kitchen
Bedroom
Bedroom
Bathroom
Bathroom
Balcony
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2 bedroom apartment for sale

The Riverside, Derwent Street, Salford, M5
Sold STC
Apartment
2 beds
2 baths
630
Added > 14 days

Key information

TenureLeasehold | 248 yrs left
Ground rent£456.82 per annum | review period: unconfirmed
Service charge£1,595.20 per annum
Council taxBand B
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

Amazing 2-Bed 2-Bath Apartment with large balcony in the Lowry Wharf development. 630 Sq Ft. EWS1 Form Available.

Allocated Parking Space included.

EWS1 B1 rated. Mortgage Buyers Welcome.
Available to both Investors and Owner-Occupants.
Currently 6.78% Rental Yield @ £1300 PCM
Projected 7.04% Rental Yield @ £1350 PCM
Tenanted until JUNE 2025

Lease Info: 250 Years Lease from 2015
Service Charge: Approximately £1595.20 Per Annum
Building Insurance: Approximately £805 Per Annum
Ground Rent: Approximately £456.82 Per Annum
Council Tax Band - B
EPC Rating - C

Riverside is a chic waterside development in the city centre, offering a variety of modern, high-spec apartments. It’s conveniently located near popular attractions like Deansgate Locks and the MOSI on Liverpool Road, as well as a wide array of shopping facilities and amenities.

The Riverside enjoys a prime location along the River Irwell, with easy access to Cornbrook tram stop, Deansgate tram & train links, and Spinningfields. The nearby Regent Road retail park offers a large Sainsbury’s, TK Maxx, Boots, and more.

Salford Central Train Station is just 0.7 miles away, providing excellent transport links. For sports and entertainment, the famous Old Trafford and Etihad football stadiums are within a few miles. The Manchester National Cycling Centre is also nearby.

Cultural activities abound, with the Castlefield Bowl, known for its food festivals and music gigs, just half a mile away. The development is a gated community with beautiful landscaping and access to the Irwell tow path. The featured first-floor apartment has two equal-sized bedrooms, two bathrooms, a spacious living room with a fitted kitchen, and a Juliette balcony.

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Area statistics

Home prices (average)
2 bedroom apartments
£284,675

About this agent

Nexis Property - Manchester
Nexis Property - Manchester
361 Deansgate Manchester, Greater Manchester M3 4LG
0161 506 7494
Full profileProperty listings
At NEXIS Property, we excel in providing Top-Notch Residential Lettings & Property Management, Sales & Investment Portfolio Management across the UK. Leveraging our expertise in the local UK property market and our extensive partner network across Asia Pacific and the Middle East, we are the market leader with more than 1800 active tenancies under management. Our headquarters is based in Deansgate Manchester, with offices in Mayfair London and Birmingham.
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