Summary - Northill Apartments, Salford Quays, Salford, M50 M50 3DN
2 bed 2 bath Apartment
High-floor flat with stable rental income and a long lease.
14th-floor two-bed, two-bath, 786 sq ft
Set on the 14th floor of the modern Northill Apartments, this two-bedroom, two-bath home offers 786 sq ft of bright, open-plan living and full-width curved windows that maximise city views and natural light. The flat sits in a well-connected Salford Quays location, walking distance to MediaCityUK and Metrolink, making it attractive to commuters and renters.
This is a leasehold investment with a long lease (around 242 years remaining) and an existing tenancy in place until August 2026. Current income produces about a 7.57% gross rental yield at £1,300pcm, with a projected yield of c.8.16% at £1,400pcm. The building is EWS1 A1 rated and was completed as part of recent riverside regeneration.
Buyers should note ongoing building works adjacent to the development and the apartment’s electric room heating, which can be more expensive than gas heating. Annual costs include a service charge of approximately £2,880 and ground rent of £345. The property is offered as a new-build leasehold and suits an investor or purchaser seeking a low-crime, well-located rental asset rather than a turnkey family home.
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