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See how verdicts work1-bedroom flat · M50 3DF
For saleReduced £10k (−4.3%) on 14 OctListed 74 days
Opportunity summary
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About
Furness Quay is a modern development in the heart of Salford Quays with views overlooking Manchester City centre and beyond!
This spacious one-bedroom apartment is in a fantastic location right by the quays and the tranquillity that comes with living by the water, and just a short distance from the hustle and bustle of exciting Manchester city centre.
Here you have an abundance of amenities and entertainment on your doorstep. A light-filled one-bedroom apartment with beautiful large windows & and Juliet balcony.
This delightful apartment comprises entrance hallway, leading to a spacious open-plan kitchen and dining area and living room with large utility and storage cupboard.
Vinyl wood effect flooring throughout creates a stylish and seamless finish. Let the light in through the double doors to the Juliet balcony.
Parking can be offered on the pay & display next to the development for £16 for 3 days but alternately, The Holiday Inn close by offers an annual parking pass for £700 a year.
The generous kitchen includes quality gloss kitchen units with soft-closing doors and chrome handles will be a delight for any cook.
A contemporary fully tiled bathroom accommodates crisp white sanitary-ware and chrome fixings and finishings as well as a heated towel rail on the wall.
A generous double bedroom that comfortably fits a large bed with a built in wardrobe.
Salford Quays is home to the BBC and itv Studios, making the world-famous Coronation Street, Salford University, MediaCityUK, one of the North West's best cultural, sporting and leisure destinations and the famous Lowry Theatre.
The Maker's Market at The Lowry Outlet comes to The Quays the last weekend of every month with everything from food and drink, art and design and modern and vintage crafts from local independent businesses and artisans, it's not to be missed.
Residents at Furness Quay will benefit from having on-site concierge available for everyday assistance and will also have exclusive use of the landscaped communal rooftop terrace to enjoy with friends, family and neighbours.
Many apartments have private balconies making the most of the views. Salford Quays is well connected with public transport and is perfectly placed for getting into Manchester city centre and beyond.
Additional Information • Tenure – Leasehold • Length Of the Lease – 998 years • Term: From and including 1 January 2017 to 25 December 3015 Parties: (1) Latimer Developments Limited • Lease term remaining – 990 years • Ground Rent – tbc • Service Charge - £446.08 Every Quarter (£1,784.32 a year) • Local Authority – Salford • Council Tax Band – B • Council Tax Estimate - £2,017.90 per year.
• Heating system – Electric Cylinder system • Age of Boiler – 2024 • Flood Risk: Rivers & Seas Very Low, Surface Water Medium
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Apartment 1018,, Grapnel Apartments,, Salford Quays
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