Summary - Block A Wilburn Basin, Ordsall Lane, Salford, Greater Manchester, M5 M5 4XQ
2 bed 2 bath Flat
Ready-made rental with concierge and leisure amenities for city renters.
Penthouse-level two-bed, two-bath flat, open-plan living
A well-appointed two-bedroom, two-bath flat on the penthouse level of a modern riverside development, offered with an EWS1 form in place. At about 686 sq ft the open-plan living area features floor-to-ceiling windows, a fitted kitchen and a balcony that will appeal to city renters and commuters. Communal amenities include a gym, cinema room and concierge, supporting shortlet or long-term rental demand.
Financially the building is investor-friendly: estimated rent £1,150 pcm, gross yield around 6% and net yield approx 4.8% at the asking price. Practical costs are clear — service charge c. £1,800pa, ground rent £300pa and buildings insurance £450pa. The lease is long (around 241 years remaining), which suits mortgage and letting prospects.
Be factual about running costs and location: heating is electric (room heaters) and the flat relies on electricity as the main fuel, which can raise bills compared with gas-heated homes. The surrounding area is mixed and classed as deprived, though it benefits from excellent mobile signal, fast broadband and plentiful transport, shops and leisure suited to students and commuters.
Overall this is a turn-key city apartment positioned for rental or a commuter base. The existing leisure and concierge services add convenience and letting appeal, but factor in service charges, electric heating costs and the local socioeconomic profile when assessing long-term returns.
2 bedroom apartment for sale in Block A Wilburn Basin, Salford, Lancashire, M5 — £230,000 • 2 bed • 2 bath
2 bedroom apartment for sale in Wilburn Basin, Orsdall Lane, M5 — £260,000 • 2 bed • 2 bath • 695 ft²
2 bedroom apartment for sale in Ordsall Lane, Salford, M5 — £269,950 • 2 bed • 1 bath • 689 ft²
2 bedroom apartment for sale in Wilburn Basin, Ordsall Lane, Salford, M5 — £240,000 • 2 bed • 2 bath • 722 ft²
1 bedroom apartment for sale in Ordsall Lane, Salford, M5 — £200,000 • 1 bed • 1 bath • 484 ft²
1 bedroom apartment for sale in Wilburn Basin, Ordsall Lane, Salford, M5 — £170,000 • 1 bed • 1 bath • 495 ft²
