Summary - Affinity Living Riverview, 29 New Bailey Street, Salford, M3 M3 5GP
2 bed 2 bath Apartment
Modern 10th-floor 2-bed with amenities and immediate rental income opportunity.
761 sq ft, 2 beds and 2 baths, modern open-plan living
A high-floor, corner 2-bedroom apartment in Affinity Living Riverview offering contemporary city living and strong rental credentials. The 761 sq ft layout provides two bathrooms and an open-plan living/kitchen arranged to maximise light and views; built in 2021, the development delivers modern finishes and communal amenities sought by professionals and renters.
This unit is currently tenanted until June 2026, producing a reported rental income of £1,800 pcm (7.20% yield) with a projected £1,850 pcm (7.40%) figure quoted. That makes it suitable for investors seeking an immediate return; owner-occupiers should note the sitting tenancy will restrict vacant possession until mid-2026.
Practical considerations are straightforward: an EPC B, EWS1 A1 rating, very low local crime, excellent mobile/broadband and no flood risk. Running costs include electric room heaters (no gas central heating), an annual service charge of c.£3,751 and ground rent of c.£495. Council tax is Band D.
Lease information is inconsistent in the paperwork provided (figures of c.247 years, 244 years and 990 years are all cited). Prospective buyers should confirm the correct remaining term and legal details before exchange. Overall, the apartment suits investors wanting a turnkey city-centre asset or professionals seeking modern riverside living, provided they accept the service charge level and electric heating specification.
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