Summary - Middlewood Locks, 15 Middlewood Street, Salford, M5 M5 4YW
1 bed 1 bath Apartment
**Standout Features:**
- Modern 1-bedroom, 1-bathroom apartment with a balcony
- Built in 2018, in excellent condition with high-quality finishes
- Open-plan layout with floor-to-ceiling windows for ample natural light
- Located in the vibrant Middlewood Locks, close to Manchester and Salford
- Strong rental yield potential: current 6.81%, projected 7.14%
- Safe and mortgage-friendly (EWS1 B1 Rated)
**Potential Downsides:**
- Leasehold property with 976 years remaining on the lease
- Service charges of approximately £2,112.28 per annum
- Located in an area classified as deprived, but with low crime rates
**Summary:**
This modern 1-bedroom apartment in the bustling Middlewood Locks offers a unique opportunity for both investors and owner-occupants alike. With 516 sq ft of contemporary living space filled with natural light, the property boasts a generous balcony, high-quality finishes, and an open-plan layout perfect for a comfortable lifestyle. Built in 2018 and rated EWS1 B1, it's mortgage-friendly and positioned in a thriving multicultural neighborhood with excellent local amenities, including popular cafes and shops.
Currently generating a strong rental yield, the apartment is ideal for those seeking a sound investment in an area that's rapidly growing. With easy access to both Manchester and Salford, and top-rated primary schools nearby, this property is perfectly tailored for young professionals, students, or small families looking for urban convenience. Don’t miss out on this opportunity to own a slice of city living that blends comfort and potential!
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