Turnkey rental with long lease and allocated parking for steady income.
Purpose-built 2 bed, 2 bath apartment, approx. 700 sq ft
Long lease (c.980 years) with modest ground rent (£400 pa)
Reliable tenant in situ, current rent £1,150 pcm (£13,800 pa)
EWS1 certified — mortgageable and compliant
Allocated off-street parking space included
Service charge c. £2,000 pa — factor into returns
Located in high-demand Salford Quays student/cosmopolitan area
Sale with tenant limits immediate vacant possession and viewings
A ready-made buy-to-let in Salford Quays, this two-bedroom apartment offers immediate income and long-term security. The purpose-built open-plan living space spans about 700 sq ft, with two double bedrooms, two bathrooms (one en-suite) and a modern fitted kitchen. The property is EWS1 certified and comes with an allocated parking space and low flood risk.
Currently let to reliable tenants producing £1,150 pcm (£13,800 pa), the flat suits an investor seeking a turnkey income stream. The 980-year lease provides long-term certainty and modest annual costs: ground rent £400 and service charge around £2,000. The neighbourhood is a cosmopolitan, student-led area with high rental demand and excellent transport links.
Important practical points: the sale is with tenants in situ, so access for viewings will be limited until vacant. This is a leasehold investment — factor the service charge and ground rent into net yield calculations. Overall, the apartment is low-maintenance and well-positioned for steady rental income and future capital appreciation in the Salford Quays market.
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