Compact modern one-bed with roof terrace and immediate rental income potential.
- Second-floor one-bedroom apartment with open-plan living and integrated kitchen
- Built 2016; modern finish and communal roof terrace with city views
- Currently tenanted until 25/07/2026 at £975 pcm (income-producing)
- Long lease remaining (~246 years) and low ground rent (£240 pa)
- Service charge is substantial (£1,511.52 pa) — factor into running costs
- Sold via online auction; 5% non-refundable deposit and up to 6% reservation fee
- Located near Manchester City Centre and Salford Quays; excellent transport links
- Situated in a very deprived, multi-ethnic urban area — consider neighbourhood context
A smart one-bedroom apartment on the second floor of a modern 2016 development, Bridgewater Point places city living within easy reach of Manchester Centre and Salford Quays. The apartment offers an open-plan living/dining area with an integrated kitchen, double bedroom and a contemporary shower room, plus communal gardens and a roof terrace with city views. Fast broadband and excellent mobile signal suit renters and remote workers.
This lot will be sold at a transparent online auction. The property is currently tenanted until 25/07/2026 at £975 pcm, making it immediately income-producing for investors. The long lease (circa 246 years remaining from 2016) and relatively low ground rent provide secure ownership terms; service charge is notable and should be budgeted for.
Buyers should be aware of the auction terms and purchase costs: a non-refundable 5% deposit on exchange and a reservation fee of up to 6% inc. VAT (minimum £6,000) are payable on sale. The wider local area is very deprived with a multi-ethnic, urban mix; nearby amenities and transport are strong, but wider socio-economic factors suit investors and buyers comfortable with an inner-city location.
This compact, well-presented apartment suits buy-to-let investors or first-time buyers seeking a modern, low-maintenance city option with instant rental income. Inspect the legal pack and factor ongoing charges and auction purchase costs into your offer before bidding.
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