1-bedroom flat · M5 4XP
For saleListed 663 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Recently refurbished first floor apartment for sale, Rivergate, Wilburn Basin complex in Salford - great investment opportunity!
This first floor, one bedroom apartment consists of a large open plan kitchen, living room with a Juliette balcony, double bedroom and a modern tiled bathroom with bath and over-head shower.
The apartment has been recently renovated with a deep clean and painted throughout.
Rivergate is part of the popular Wilburn Basin complex, boasting of a 24 hour concierge, residents gym, cinema room and private outdoor areas.
Regent Road retail park located directly opposite the development and a short walk into the City center making this area very sought after.
A great property for first time buyers or buy to let investors looking to rent it out.
Ground rent £300 pa / service charge £1491 lease 240 years *the ground rent, service charge & lease have been provided by the property owner and your solicitor will need to confirm these should you wish to purchase the apartment.
Hallway Bathroom Bedroom Bedroom Bedroom Bedroom Reception Room Reception Room Reception / Kitchen Reception / Kitchen Kitchen Kitchen Reception Room Reception Room Development Development Entrance Lobby Entrance Canal
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 1.05 Block A Wilburn Basin, Ordsall Lane, Salford
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