EWS1 certified — suitable for mortgage lenders and sales
Allocated secure gated parking space included
Private balcony and open-plan living area
Approx. 657 sq ft; two double bedrooms, one bathroom
Vacant possession; offered fully furnished
Leasehold: service charge ~£1,750pa and ground rent £110 (RPI review)
Heating via electric room heaters — potentially higher running costs
Located near Exchange Quay Metrolink; fast broadband, very deprived area
This modern two-bedroom flat in the Quay 5 development offers a practical city-living package for first-time buyers or investors. Set on the 2nd floor, the apartment provides a bright open-plan living area, private balcony, and an allocated secure gated parking space — useful extras in a busy Salford location. The property is EWS1 certified and comes with vacant possession, making it ready to occupy or let.
The layout is straightforward and comfortable: two double bedrooms, a contemporary bathroom, and an integrated kitchen within the living space. At approximately 657 sq ft, the home is an average-sized apartment that benefits from double glazing, modern finishes, and fast broadband — appealing to commuters and students given the short walk to Exchange Quay Metrolink and Salford Quays.
There are important cost and location considerations. The flat is leasehold with an annual service charge of around £1,750 and a ground rent of £110 (ground rent reviewed to RPI). Heating is by electric room heaters rather than central gas, which may raise running costs. The wider area is classified as very deprived and predominantly a multicultural student neighbourhood; that brings rental demand but also local socio-economic challenges.
Overall this is a practical, well-located apartment that suits a first-time buyer wanting low-maintenance city living or an investor seeking lettings close to transport and local amenities. Be aware of leasehold costs and electric heating when assessing affordability and yields.
