2-bedroom flat · M5 4XP
For saleListed 505 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 bed, 2 bath apartment. Welcome to Rivergate House, a splendid apartment located in the vibrant Wilburn Basin area of Salford.
This first-floor residence boasts a generous 689 square feet of living space, thoughtfully designed to offer both comfort and style.
The apartment features two well-proportioned bedrooms, making it ideal for professionals or small families. With two modern bathrooms, convenience is at your fingertips.
The property is currently let for £1,250 per calendar month until 13th August 2026, with a break clause, providing an attractive rental yield of 5.9%, making it a sound investment opportunity.
Residents of Rivergate House enjoy a host of amenities, including a 24-hour concierge service, ensuring peace of mind and assistance whenever needed.
For leisure and relaxation, the building offers a residents' cinema room, perfect for unwinding after a long day.
Additionally, a well-equipped gymnasium is available for those who wish to maintain an active lifestyle, while the communal gardens provide a serene outdoor space to enjoy.
Situated on the inner ring road, this apartment is conveniently located just a short walk from the bustling areas of Spinningfields and Castlefield, where you can find an array of shops, restaurants, and cultural attractions.
The EWS1 form is in place, ensuring the property meets safety standards.
Rivergate House presents an excellent opportunity for those seeking a modern apartment in a prime location, combining urban living with a touch of luxury.
Don't miss your chance to make this exceptional property your new home or investment. EWS1 Form in place.
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
Agent & docs
FAQ
About 102 Rivergate House (Block A), Wilburn Basin, Ordsall Lane, Salford
Explore nearby
.png){kind=logo}
