3-bedroom flat · M5 4YU
For saleListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb and rarely available 3 double bedroom corner apartment with balcony in the desirable canal-side development of Middlewood Locks.
Offering high-specification contemporary living, it features a spacious dual-aspect Living Area/Kitchen with canal views, along with ensuite and main bathroom.
Superb location offering a range of amenities and Spinningfields around 10 minutes walk, with motorway links easily accessible. EPC Rating B.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
MCC260009/2 Summary Middlewood Locks is a prestigious modern development, perfectly situated on the border of Salford and Manchester city centre.
Residents benefit from access to pleasant landscaped communal gardens alongside the nearby canal.
Amenities within the development itself include a Co-Op convenience store and coffee shop, with the Regent Retail Park a short walk away offering a range of shops to include a large Sainsburys, Costa Coffee and gym.
The complex is circa 5 minutes walk to Aviva Studios with bars and restaurants, while Spinningfields and Deansgate are around a 10-15 minute walk.
There is easy access to the Mancunian Way and M602 motorway for travelling across the city and beyond.
This is a fantastic opportunity to purchase a very spacious 3 double bedroom apartment which is presented to a high standard throughout with a highlight being the pleasant balcony overlooking the canal.
3RD FLOOR Secure communal entrance. The apartment can be reached via lift or stairs.
Open-Plan Living Area A spacious and flexible L-shaped room consisting of: Kitchen/Dining Area 6.18m x 3.63m (20' 3" x 11' 11") The kitchen/dining area features a range of base and wall units with contrasting worktops, inset sink with mixer tap and worktop lighting.
Integral appliances include and electric oven, electric hob with extractor hood, microwave, fridge/freezer and dishwasher.
Cupboard with plumbing for washing machine and further store cupboard, Living Area 4m x 3.37m (13' 1" x 11' 1") The apartment's corner position allows for full-height windows to dual aspects, providing excellent natural light and great views over the adjacent canal and the urban skyline.
Sliding doors to: Balcony A pleasant balcony offering scenic canal views. Bedroom 1 5.1m x 2.58m (16' 9" x 8' 6") Full-height window, carpeted floor, fitted wardrobes.
Ensuite 2.28m x 1.71m (7' 6" x 5' 7") With a large walk-in shower, wash basin with mixer tap, WC, mirrored wall cupboards, tiled splashbacks and flooring, heated towel rail.
Bedroom 2 3.88m x 2.49m (12' 9" x 8' 2") Full-height window, carpeted floor, fitted wardrobes.
Bedroom 3 3.89m x 2.5m (12' 9" x 8' 2") Full-height window, carpeted floor, fitted wardrobes.
Bathroom 2.13m x 2.13m (7' 0" x 7' 0") Panelled bath with twin-head shower above, wash basin with mixer tap, WC, mirrored wall cupboards, tiled splashbacks and flooring, heated towel rail.
Leasehold/Council Tax Lease term: 999 years from 1st July 2018. Ground rent: £325 per annum.
Service charge: £937.90 for period 01/04/26-30/06/26, equating to an approximate annual figure of £3751.60. Please verify lease details with your solicitor. Council tax band D (Salford City Council).
Agent's Note To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
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
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FAQ
About Lockgate Square, Salford, M5
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