Summary - Bridgewater Gate, Woden Street, Greater Manchester, M5 M5 4SG
1 bed 1 bath Not Specified
Immediate rental income from a long lease in a city-fringe location.
Fourth-floor modern one-bedroom apartment, open-plan living/kitchen
A compact, modern one-bedroom apartment on the fourth floor with an open-plan layout and good natural light. The property includes a double bedroom, bathroom and a spacious walk-in storage cupboard, making efficient use of its 407 sq ft.
Currently tenanted at £850pcm with a tenancy until 09/02/2026, this lot suits buy-to-let investors seeking immediate income. The long lease (241 years remaining from published data) and fast broadband/excellent mobile signal support rental demand in this city-fringe location near Salford Quays and the city centre.
Buyers should note the property is sold at online auction with associated non-refundable deposit and reservation fee requirements, and a Legal Pack is available for review. Annual costs include a service charge of £2,560 and ground rent of £240. Heating is by electric room heaters only, and the property is in a very deprived area (multi-ethnic hardship classification), which may affect long-term capital growth and tenant mix.
Overall this is a straightforward, income-producing modern apartment with clear running costs and auction sale conditions. Investors should check the legal pack, factor in auction fees and reservation payments, and assess the electric heating and service charge against projected returns.
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