Summary - Northill Apartments, 65 Furness Quay, Salford, Greater Manchester, M50 M50 3DL
1 bed 1 bath Not Specified
Ready-made rental with long lease and riverside setting.
Fourth floor one-bedroom with balcony and furnished interior
Situated on the fourth floor of a modern riverside development, this one-bedroom apartment offers straightforward, turn-key rental potential. Built in 2021, the property comes fully furnished with an integrated kitchen, modern bathroom and balcony — ideal for an investor seeking immediate income. The property is currently let at £1,000 pcm until April 2026.
Practical running costs include an annual service charge of £1,644.84 and ground rent of £345. Heating is by electric room heaters, which may affect energy bills compared with central systems. The 250-year lease and an A1 EWS-1 classification are strong tenure positives for long-term ownership.
This lot is being sold via online auction. Buyers should note auction-specific costs: a 5% non-refundable exchange deposit and a reservation fee of up to 6% (minimum £6,000 inc VAT) payable on agreement. A legal pack is available and prospective purchasers are advised to review it and seek legal advice prior to bidding.
Positioned on Salford Quays, the development benefits from significant recent investment and excellent transport links. For a buyer targeting rental yield in a multicultural, student-oriented area, this apartment combines contemporary specification with easy to manage tenancy. Be aware of the auction process and additional fees when assessing total acquisition costs.
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