Summary - Apartment 512, Fresh, 138 Chapel Street, SALFORD M3 6DE
2 bed 1 bath Apartment
Income-producing unit near transport links, ideal for buy-to-let investors.
2-bedroom fifth-floor apartment with recent renovation
This fifth-floor, two-bedroom apartment in Fresh on Chapel Street offers a compact, recently renovated city base close to Salford Station and Spinningfields. The open-plan kitchen‑lounge with integrated appliances and built-in storage gives straightforward, low-maintenance living suited to rental or first-time purchase. The property holds an EPC C and an EWS1 certificate.
The flat is currently let at £1,000pcm until 11 February 2026, making it immediately income-producing for investors. The long lease (981 years) removes common lease-length concerns; council tax sits in Band C. Easy access to transport, shops and restaurants supports consistent rental demand in this busy area.
Be clear about running costs and scale: the apartment is small (581 sq ft) and uses electric room heaters rather than gas central heating, which can mean higher energy bills. The service charge (£2,234.20 pa) and ground rent (£250 pa) should be factored into yield calculations. Also note the property is sold with the current tenancy in place, so vacant possession is not available until the tenancy ends.
Overall, this is a straightforward, low-upkeep investment or starter home in a highly connected central location. It will suit buyers prioritising location, secure rental income and a modern finish over generous internal space.
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