2-bedroom flat · M50 3AL
For saleListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb 2 bedroom top floor apartment complete with secure parking space in a highly sought-after modern development in Salford Quays.
This property offers a spacious open-plan living area with a Juliet-style balcony and great water views, a sleek kitchen with integrated appliances, two generous double bedrooms with fitted wardrobes, along with luxurious ensuite and bathroom.
Situated in a prime location, it is close to a wide range of local amenities, with MediaCity just a 10-minute walk away and excellent tram and motorway links nearby. EPC Rating C.
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.
MCC260333/2 Location Salford Quays is a vibrant and thriving area offering a wealth of amenities that cater to both work and leisure.
Home to the iconic MediaCityUK, it’s a hub for digital and creative industries, with numerous offices, studios, and tech companies.
The area boasts a wide selection of leisure options, from the vibrant Kargo food hall with its range of casual dining options, together with more formal restaurants and the Quayside shopping complex.
For culture enthusiasts, there’s the stunning Imperial War Museum North and The Lowry Theatre.
Salford Quays is also home to beautiful waterfront spaces, perfect for a gentle stroll or morning run, and with excellent transport links nearby including the Metrolink, it’s easy to access the city centre and beyond.
8TH (TOP) FLOOR Secure communal entrance. The apartment can be reached via lift or stairs.
Living Area/Kitchen 7.14m x 3.76m (23' 5" x 12' 4") A spacious and versatile living area having plenty of room for lounge and dining furniture with stylish wooden-style flooring and a Juliet-style balcony offering great views across the water towards MediaCity.
Kitchen area with fitted base and wall units, integral electric oven and hob with extractor above, sink with mixer tap, integral fridge/freezer and dishwasher.
Cupboard with water heater and plumbing for a washing machine. Bedroom 1 5.03m x 2.6m (16' 6" x 8' 6") Full-height window, carpeted floor, fitted wardrobes.
Ensuite Large walk-in shower, wash basin with mixer tap, WC, mirrored wall cupboards, heated towel rail.
Bedroom 2 4.41m (plus wardrobes) x 2.57m - Full-height window, carpeted floor, fitted wardrobes.
Bathroom Panelled bath with shower, wash basin with mixer tap, WC, mirrored wall cupboards, heated towel rail. Parking A secure parking space is included in the sale.
Please Note The block currently has an EWS1 certificate with an A3 rating.
A letter from the developer advises "Grainger plc will not pass on to leaseholders any costs associated with fire remediation works within communal areas as defined within the lease.
The property has a current fire risk assessment in place that considers that interim fire measures are deemed satisfactory." Leasehold/Council Tax Lease term: 250 years from 1st October 2020.
Service charge: £404.51 for period 25/03/26-23/06/26, equating to an approximate annual figure of £1618.04. Building insurance: £162.04 for period 01/04/25-31/03/26.
The seller advises that no ground rent is payable. Please verify lease details with your solicitor. Council tax band C (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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Ottinger Close, Salford, M50
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