£186,200
1 bed flat for saleMiddlewood Locks, 15 Middlewood Street, Salford M5
1 bed
1 bath
1 reception
EPC Rating: B
- Leasehold
NEXIS Property
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About this property
A modern and spacious. 1-bed-1-bath with balcony on the 1st Floor apartment in Middlewood Locks. 516 sq ft of living space, with floor-to-ceiling windows and high-quality fittings.
EWS1 B1 Rated. Safe from fire risks and mortgage-friendly. Ideal for both Investors and Owner-Occupants.
Currently 6.63% Rental Yield @ £1050 pcm
Projected 6.95% Rental Yield @ £1100 pcm
Tenanted until July 2025.
Lease Term: 999 Years Lease since 2018
Service Charge: Approximately £2112.28 pa
Ground Rent: Approximately £200 pa
Council Tax Band - B
EPC Rating - B
Situated where the two great cities of Salford and Manchester meet, award-winning Middlewood Locks is the most exciting new, mixed-use neighbourhood within walking distance of the UK’s leading Regional City.
This waterside development houses some of Manchester's most popular independent businesses such as 92 Degrees Coffee Shop and Co-Op.
This spacious two bedroom apartment is finished to a high specification throughout and has a spacious light filled open plan layout, perfect for modern-day living as well as benefitting from a generous sized balcony and an allocated car parking space.
Middlewood Locks is a mixed-use multi award-winning Neighbourhood bringing Manchester and Salford together, with a canal-side location and just a short walk to the popular areas of Castlefield and Spinningfields. Whether you are heading over to the independent bars and restaurants of Chapel Street or taking a stroll into Spinningfields for some shopping, the location of this development is perfectly positioned to connect you to some of Manchester's most popular and fastest-growing areas.
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More information
Tenure
Leasehold (991 years)
Service charge
£2,112 per year
Council tax band
A band has not yet been confirmed.
Ground rent
£200
Ground rent date of next review