Summary - BLOCK D ALTO APARTMENT 4 SILLAVAN WAY SALFORD M3 6GF
2 bed 2 bath Apartment
Fully furnished two-bed with concierge, communal garden and strong rental yield..
Two-bedroom, 668 sq ft third-floor apartment, fully furnished
Currently tenanted until July 2026; rental yield ~6.70% (£1,200 pcm)
250-year lease from 2015; EPC B; double glazed windows
24-hour concierge and communal landscaped garden included
Service charge ~£2,150.54 pa; building insurance ~£603.83 pa
Ground rent ~£449.41 pa; council tax Band B (cheap)
Electric room heaters (no communal gas heating) may increase bills
Cladding present; current assessment OK — buyer should verify liabilities
This contemporary two-bedroom apartment in Alto, Salford offers turnkey city-centre living with strong rental credentials. At 668 sq ft on the 3rd floor, the property is fully furnished, currently tenanted until July 2026 and showing a current rental yield of approximately 6.70% (£1,200 pcm), with a projected yield of 6.98% at £1,250 pcm — a clear draw for buy-to-let investors.
Practical running details are straightforward: a 250-year lease from 2015, EPC rating B, double glazing and fast broadband and mobile coverage. Building amenities include a 24-hour concierge and communal landscaped garden. Service charge and ground rent are notable ongoing costs: service charge circa £2,150.54 pa, building insurance about £603.83 pa and ground rent around £449.41 pa.
Buyers should note some material points plainly. Heating is electric room heaters rather than a communal gas system, which can mean higher running costs. The building has cladding; current assessments indicate no immediate action required but prospective purchasers are advised to make their own enquiries about the external wall system and any future liabilities. The apartment is leasehold and remains tenanted until July 2026, so owner-occupiers cannot move in immediately.
Overall this Alto apartment suits investors seeking central, low-crime, well-connected stock in a multicultural student and cosmopolitan area. It also suits buyers wanting a low-maintenance city pied-à-terre once the tenancy ends, provided they accept the leasehold costs and electric heating arrangements.
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