1-bedroom flat · M50 3SB
Listing removedListed 280 days
Opportunity summary
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About
EWS1 Certified | 13th Floor | One Bedroom | Secure Parking The building features a well-maintained communal entrance hall with intercom entry system and communal lifts providing access to all floors.
Residents also benefit from a secure car park with one designated parking space.
The apartment itself comprises a welcoming entrance hall with quality beech-finish flooring and a useful utility cupboard with plumbing facilities.
The spacious open-plan lounge, dining and kitchen area is a particular highlight, enjoying an abundance of natural light through floor to ceiling windows and direct access to the balcony, from which the elevated views can be fully appreciated.
The contemporary kitchen is finished to a high specification, featuring attractive fitted units with granite-effect worktops and a range of integrated appliances including fridge/freezer, dishwasher, ceramic hob, electric oven and stainless steel extractor.
The generously sized bedroom enjoys excellent natural light and is a spacious double with additional space for full furnishing.
Luxury Master Bathroom/WC combined (mid) with high specification Duravit white suite with chrome fittings comprising low level WC, wall basin, vanity plinth and mirror, part Travertine tiled walls and Travertine tiled floor, bath with glazed shower screen and over bath shower, chrome ladder radiator, extractor fan.
The property is ideally suited to both owner occupiers and investors, with an estimated rental potential of approximately £1100 pcm.
Salford Quays offers an excellent lifestyle with a wide range of restaurants, bars and cultural attractions including MediaCityUK, The Lowry Centre, cinema complex, shopping outlets and the Imperial War Museum.
Excellent transport links are provided via regular Metrolink tram services to Manchester City Centre and beyond, as well as easy access to the M602 motorway network.
The Virgin Active Leisure Complex, Tesco Express and Nisa supermarket are all conveniently located nearby.
Council Tax Band: D EPC : B Tenure: We are advised the property is leasehold, held on a long lease from 1st August 2005.
Full details of ground rent and service charges are available upon request via the vendor-s solicitor.
Disclaimer: Please note this is a vacant property and all services/ appliances have not and will not be tested
Value & comps
No previous sales on record.
Returns
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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 Millennium Tower, 250 The Quays, Salford, M50
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