Summary - Wilburn Basin, Ordsall Lane, Salford, M5 M5 4XR
2 bed 2 bath Apartment
**Standout Features:**
- Modern 2-bedroom, 2-bathroom apartment in the desirable Wilburn Basin, built in 2017
- Total area of 667 sq. ft. with potential for rental income; currently tenanted until June 2026
- Strong rental yield: 6.38% at £1250 PCM; projected 6.64% at £1300 PCM
- Contemporary design with large windows, balcony, and high-end finishes
- Great location near Spinningfields with access to a variety of amenities including a gym and landscaped gardens
- Leasehold tenure with 233 years remaining on the lease
**Concerns:**
- Service charge of approximately £1990.3 per annum
- Ground rent is £300 per annum
- Building is classified under an area with known deprivation
Discover modern living in this spacious 2-bedroom, 2-bathroom apartment located in the vibrant Wilburn Basin development, perfect for investors or owner-occupants looking for both comfort and potential rental income. With a contemporary layout that includes a sleek kitchen, bright living room with direct access to a balcony, and abundant natural light, this home is designed for those who appreciate urban living.
Conveniently situated along the River Irwell, you'll enjoy easy access to local amenities, prestigious workplaces in Spinningfields, and recreational areas. With a competitive rental yield and a choice of local schools with good Ofsted ratings, this property offers excellent versatility for families and investors alike.
Available for cash buyers, this opportunity won’t last long. While the high service charges should be noted, this stylish apartment represents a prime investment in a cosmopolitan neighbourhood that continues to thrive. Don’t miss your chance to secure a foothold in this sought-after area!
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