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See how verdicts work2-bedroom flat · M5 4XT
Under offerListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Owner occupiers welcome! Two bedroom apartment within the popular Wilburn Basin development. Gym, cinema room and concierge on site!
Description Savills are proud to present this two double bedroom, two bathroom apartment in the highly acclaimed Wilburn Basin development.
The apartment is offered with vacant possession and owner occupiers as well as buy to let investors are both welcome to enquire!
This fourth floor property briefly comprises of a spacious open plan living and kitchen area, the kitchen enjoys a host of built in appliances.
Off the living area is a balcony providing an abundance of light, air, and views of the city and river!
Further, the property comprises of two well-sized double bedrooms, with the primary bedroom benefitting from an en suite shower room.
In addition, there is the main three piece suite luxury modern bathroom.
The development itself boasts a 24/7 on-site friendly concierge team, bike store, gym and cinema room for the use of residents only! EWS1 Form available with a B1 rating, completed 2020.
Location Wilburn Basin sits in a prime location along the banks of the River Irwell.
Cornbrook tram stop (0.9m), Deansgate tram & train links (0.9m), and Spinningfields (0.8m) are all within easy reach.
Regent Road Retail Park is also situated just behind the development (0.1m) with a large Sainsbury`s, TK Maxx, Boots, and much more on offer.
Salford Central Train Station is just 0.6 miles away, which provides good access links both in and out of the city centre. Sports and entertainment are within easy reach also.
Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2.2m and 3.2m away respectively.
For cultural activities, locally residents are only 0.5m from Castlefield Bowl which often hosts an array of food festivals and music gigs. Please note all distances quoted are approximate.
Square Footage: 700 sq ft Leasehold with approximately 239 years remaining.
Additional Info Separate building insurance of £500 per annum Ground rent review increases to the greater of 2.5% per annum for every year of review period or RPI, reviewed every 10 years, next review date 2027.
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 Wilburn Basin, Ordsall Lane, Salford, Greater Manchester, M5
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