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£186,200

1 bed flat for sale
Middlewood 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

    See all recent sales in M5

    Property descriptions and related information displayed on this page are marketing materials provided by - NEXIS Property. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact NEXIS Property for full details and further information.