Summary - THE BRIDGE, 40 502 DEARMANS PLACE SALFORD M3 5EW
1 bed 1 bath Apartment
Fifth-floor city pad with strong rental potential and excellent transport links.
Riverside balcony with larger-than-average outdoor space
A well-sized one-bedroom apartment on the fifth floor of The Bridge, offering an enviable riverside balcony and clear open-plan living. The apartment is currently tenanted until January 2026, making it a straightforward hold-for-rent purchase for investors seeking immediate income; vacant possession may be possible subject to new owner requirements.
The apartment has practical features for city living: built-in bedroom storage, a modern bathroom, double glazing and an EPC rating of C. Transport links and nightlife are within easy reach — Spinningfields, Deansgate and nearby tram and rail connections are all a short walk away, supporting tenant demand.
Notable cautions are stated up front. There is no EWS1 form; building testing has indicated works are required but the developer has advised leaseholders will not be asked to contribute. Buyers should make their own enquiries about the external wall system and any interim safety measures. The property uses electric room heaters rather than central gas heating and sits in an area with medium flood risk — these are practical considerations for running costs and insurability.
Financially the apartment is leasehold with c.121 years remaining, a service charge of about £1,296 pa and ground rent of £150 pa (RPI-linked, review 2029). For investors seeking a central Manchester riverside apartment with immediate rental occupation and long lease tenure, this presents a clear, city-centre opportunity with some building-level questions to resolve.
1 bedroom flat for sale in 40 Dearmans Place, Manchester, M3 — £180,000 • 1 bed • 1 bath • 602 ft²
2 bedroom flat for sale in 40 Dearmans Place, Salford, M3 — £280,000 • 2 bed • 2 bath • 776 ft²
2 bedroom apartment for sale in Dearmans Place, Salford, M3 — £265,000 • 2 bed • 2 bath • 786 ft²
1 bedroom apartment for sale in Clowes Street, Salford, Greater Manchester, M3 — £225,000 • 1 bed • 1 bath • 661 ft²
2 bedroom apartment for sale in Dearmans Place, Salford, M3 — £245,000 • 2 bed • 2 bath • 786 ft²
2 bedroom apartment for sale in The Riverside, Derwent Street, Salford, M5 — £230,000 • 2 bed • 2 bath • 630 ft²
