Summary - Rivergate House (block A), Wilburn Basin, Salford M5 4XQ
3 bed 2 bath Apartment
High-floor waterside flat with strong short-term rental income potential.
Three double bedrooms with master en suite
A three-double-bedroom apartment on the 11th floor of Rivergate House, offering 839 sq ft of contemporary open-plan living. The layout includes a master with en suite, a main bathroom, and a Juliet balcony that brings added light to the living area. Allocated off-street parking, communal gardens, a residents’ gym and 24-hour concierge add practical value and appeal to renters.
This property is currently let at £1,700 pcm until 14 August 2025, producing a c.6.6% gross yield — a clear short-term income opportunity for an investor. There is a long lease (circa 240 years) and defined service costs, with ground rent at £339 (average). The apartment’s modern specification and waterside location suit lettings to students, young professionals and commuters.
Buyers should note material drawbacks: heating is electric (room heaters) which can be costly compared with gas, and the wider area is classified as deprived and dominated by student and commuter rentals. The flat is sold leasehold — review service charges and management arrangements before committing. The tenancy in place means vacant possession would require serving notice or waiting until the current term ends.
Overall, this is a practical, well-specified apartment for an investor seeking immediate rental income and long-lease security, or for a buyer wanting a modern city-base once the tenancy ends. Factor running costs and local market characteristics into your purchase decision.
3 bedroom apartment for sale in Rivergate House (block A), Wilburn Basin, Salford, M5 — £290,000 • 3 bed • 2 bath • 839 ft²
2 bedroom apartment for sale in Rivergate House, Wilburn Basin, Salford, M5 — £260,000 • 2 bed • 2 bath • 688 ft²
2 bedroom apartment for sale in Rivergate House, Wilburn Basin, Salford, M5 — £250,000 • 2 bed • 2 bath • 688 ft²
2 bedroom apartment for sale in Rivergate House (block A), Wilburn Basin, Salford, M5 — £255,000 • 2 bed • 2 bath • 689 ft²
1 bedroom flat for sale in Ordsall Lane, Salford, M5 — £169,500 • 1 bed • 1 bath • 542 ft²
3 bedroom apartment for sale in Wilburn Basin, Salford, Manchester, M5 — £325,000 • 3 bed • 2 bath • 821 ft²
