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See how verdicts work2-bedroom flat · M5 4YQ
For saleListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic 6th (top) floor 2 double bedroom corner apartment with balcony in the desirable canal-side development of Middlewood Locks.
Offering high-specification contemporary living with an ensuite to the main bedroom.
Great location offering a range of local amenities and Deansgate around a 15 minutes walk, with motorway links easily accessible. Available with no onward chain. 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.
MCC260562/2 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.
6TH (TOP) FLOOR Secure communal entrance at ground level with access to the apartment via lift and stairs.
Living Area/Kitchen Hallway area with a double storage cupboard with space for washing machine.
Opening into a spacious open-plan area ideal for modern lifestyles with scope for sitting and dining areas, luxury vinyl tile flooring, radiator.
The apartment enjoys a corner position with dual aspect windows providing excellent natural light.
The Kitchen area features a range of contrasting fitted base and wall units, sink with mixer tap, worktop lighting and splashbacks.
Full range of integral appliances to include fridge/freezer, dishwasher, electric oven, microwave and induction hob with extractor over.
Sliding door onto: Balcony With a pleasant aspect over the communal gardens and beyond.
Bedroom 1 Full-height window overlooking communal gardens, carpeted floor, radiator, double fitted wardrobe.
Door to: Ensuite Walk-in shower with screen, wash basin with mixer tap, WC, mirrored wall cupboards with shelf below, tiled splashbacks and flooring, recessed downlighters, heated towel rail.
Bedroom 2 Full-height window, carpeted floor, radiator, double fitted wardrobe.
Bathroom Panelled bath with shower over and screen, WC, wash basin with mixer tap, mirrored wall cupboards with shelf below, tiled splashbacks and flooring, recessed downlighters, heated towel rail.
Leasehold/Council Tax Lease term: 999 years from 1st July 2018. Ground rent: £325 per annum.
Service charge: £681.81 for period 01/07/26-30/09/26 equating to an approximate annual figure of £2727.24. 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 advisers 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 Lockside Lane, Salford, M5
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