Summary - Rivergate House, Wilburn Basin, Salford M5 4XQ
2 bed 2 bath Apartment
High-floor two-bedroom with concierge, gym and steady rental income.
Two double bedrooms with en suite and second bathroom
Set on the 13th floor of Rivergate House, this two-double-bedroom apartment offers a straightforward city lettings opportunity or low-maintenance home. The 688 sq ft layout includes two bathrooms (one en suite) and a private balcony with distant urban views. Communal facilities — 24-hour concierge, residents’ gym and cinema room — support strong tenant appeal and add convenience for owner-occupiers.
The property is currently let at £1,325 pcm until September 2025, producing a reported yield of around 5.9%, making it attractive to investors seeking immediate income. The long lease (circa 240 years) is a positive for future sales; however, note the annual ground rent level of £300. Broadband speeds are fast and mobile signal is excellent, important for modern renters and professionals.
Practical considerations: heating is by electric room heaters and the main fuel is electricity, which can increase running costs compared with gas-heated homes. The building sits inside the inner ring road in a cosmopolitan, student-and-commuter neighbourhood — good for rental demand but potentially busier and noisier than suburban locations. Council tax is described as affordable.
Overall this is a modern, well-serviced apartment with clear rental credentials, low immediate maintenance needs and strong connectivity. Investors should budget for higher energy costs and factor in the local tenant mix; owner-occupiers seeking a quiet suburban lifestyle may find the inner-ring location less desirable.
2 bedroom apartment for sale in Rivergate House, Wilburn Basin, Salford, M5 — £250,000 • 2 bed • 2 bath • 688 ft²
2 bedroom apartment for sale in Rivergate House (block A), Wilburn Basin, Salford, M5 — £255,000 • 2 bed • 2 bath • 689 ft²
3 bedroom apartment for sale in Rivergate House (block A), Wilburn Basin, Salford, M5 — £290,000 • 3 bed • 2 bath • 839 ft²
3 bedroom apartment for sale in Rivergate House (block A), Wilburn Basin, Salford, M5 — £310,000 • 3 bed • 2 bath • 839 ft²
1 bedroom flat for sale in Ordsall Lane, Salford, M5 — £169,500 • 1 bed • 1 bath • 542 ft²
2 bedroom flat for sale in Block A Wilburn Basin, Ordsall Lane, Salford, Greater Manchester, M5 — £230,000 • 2 bed • 2 bath • 686 ft²
