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Offers over

£195,000

2 bed flat for sale
Ordsall Lane, Salford M5

    • 2 beds

    • 1 bath

    • 1 reception

  • Leasehold

Zaris Estates Ltd

Logo of Zaris Estates Ltd

About this property

  • Communal garden

  • On street/residents parking

  • Step free access

  • Wheelchair accessible

  • Double glazing

Spacious Two-Bedroom Apartment – Ideal Investment Opportunity | Quay 5, Ordsall Lane, Salford

Key Features:

Tenure: Leasehold (981 years remaining)

Service Charge: £1,102.43 per annum

Ground Rent: £75 per annum

Current Rent: £1200 pcm

Investment Opportunity

Private Garden

Off-Street Parking (Allocated & Secure)

Double Glazing

Property Description:

Zaris Estates Ltd is pleased to present this well-proportioned two-bedroom apartment located in the desirable Quay 5 development on Ordsall Lane. Ideally positioned between Salford Quays and Manchester city centre, this property offers a prime opportunity for both homebuyers and investors, with excellent transport links and local amenities just a short walk away including Regents Road, Deansgate, and MediaCityUK.

This purpose-built apartment is ideal for professionals looking for affordable city living with the added convenience of secure off-street parking and a private garden – a rare feature for apartments in this area.

Accommodation:

Entrance Hallway: Includes a handy storage cupboard.

Living Room: A spacious open-plan area with wooden flooring and a large window allowing in plenty of natural light.

Kitchen: Fully fitted with integrated appliances and ample wall and base units offering generous storage space.

Master Bedroom: Double in size, carpeted throughout, and furnished with a double bed and wardrobe.

Second Bedroom: Also a double, carpeted, and well-suited for use as a guest room, home office, or additional rental space.

Bathroom: Modern suite comprising toilet, basin, and shower over bath.

Investment Details:

The apartment is currently let at £1200.00 pcm, offering a solid rental yield.

Fixed tenancy agreement in place, providing immediate income for investors.

Long lease remaining (981 years), keeping long-term costs low and future-proofing the investment.

Summary:

This is a fantastic opportunity for investors or first-time buyers to secure a modern apartment in a thriving area of Salford with strong rental demand. The combination of location, features, and affordability makes this property a standout choice in the current market.

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More information

  • Tenure

    Leasehold (981 years)

  • Service charge

    £1,102 per year

  • Council tax band

    B

  • Ground rent

    £900

  • Ground rent date of next review

  • Ground rent review period

    Every 10 years

See all recent sales in M5

Property descriptions and related information displayed on this page are marketing materials provided by - Zaris Estates Ltd. 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 Zaris Estates Ltd for full details and further information.