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2 bedroom apartment for sale

Lowry Wharf, Salford M5
Auction
Apartment
2 beds
2 baths
635
EPC rating: C
Added > 14 days

Key information

TenureLeasehold | 123 yrs left
Ground rent£330 per annum | review period: unconfirmed
Service charge£1,688 per annum
Council taxBand B
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Investment opportunity
  • 7.7% yield
  • Tenant in situ
  • Two Bedrooms
  • Two Bathrooms
  • Furnished
  • Gated Development
  • Parking
  • Salford Off Regent Road
*INVESTMENT OPPORTUNITY*
Stunning two double bedroom apartment to let in Lowry Wharf, brand new development on the edge of the city in Salford off Regent Road. Long term tenant in situ paying £1100pcm. Generating at 7.5% yield. This apartment is finished to a high standard throughout and benefits from two double bedrooms, a family bathroom and a ensuite to the master bedroom. There is also a large open-plan lounge, kitchen and dining space. This fabulous apartment also benefits with a gated, allocated car parking space. Viewing of this fantastic apartment is highly recommended.

Lease remaining- 125 years
Service charge- £1,688 pa
Ground rent- £330 pa

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken.

About this agent

Philip James - Manchester & Salford Quays
Philip James - Manchester & Salford Quays
Oxid House 78 Newton Street Manchester M1 1AL
0161 937 0275
Full profileProperty listings
About Us Philip James is one of Manchester’s largest independent property specialists, managing and selling assets worth over £1.15bn. The business was established in 2001 and has many divisions dedicated to Management, Lettings, Sales and developments, Finance and Block Management. Philip James is an ambitious and entrepreneurial business who work with investors from all over the world, including the UK, Europe, Middle East and Asia. Our property services drive results, achieve sustainable income and a positive return on investment for all stakeholders. Why are we successful? We are owned and run by Directors and Executives Philip Nolan, Rob Kennedy and Rob Cuffe, all of whom are invested in the continued growth and development of our organisation. Our leadership team are professionals within the property and financial services section. Their skillsets complement each other in order to deliver at exceptionally high standards.
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