2-bedroom flat · M5 4SU
For saleReduced £6k (−2.6%) on 27 AugListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Allocated Parking Space included*** Amazing 2-Bed 2-Bath Apartment with large balcony on 8/F 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 6.75% Rental Yield @ £1350 pcm Projected 7.00% Rental Yield @ £1400 pcm Property Tenanted until Feb 2027 Lease Info: 250 Years Lease from 2015 Service Charge: Approximately £1675.14 Per Annum Building Insurance: Approximately £1111.35 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.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 75 Riverside,, The Riverside, Salford
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