Summary - APARTMENT 704, INSIGNIA, 86 TALBOT ROAD M16 0UG
2 bed 2 bath Apartment
Ready-income apartment near transport links and Salford Quays.
- Let to September 2026 at £1,350 pcm (tenant in situ)
- Gross yield c.8.6% at £189,000
- Modern 2019 build with EPC B and EWS1 A1
- Two double bedrooms, ensuite plus main bathroom
- Open-plan living with integrated kitchen appliances
- Leasehold with long lease (~245 years)
- Service charge c.£2,261pa; ground rent c.£300pa
- Electric room heaters (higher running costs possible)
This modern two-bedroom apartment in the Insignia development offers straightforward city living with strong rental credentials. The open-plan living space, contemporary kitchen with integrated appliances and full-height windows create a bright, usable home. Constructed in 2019 and with an EPC B plus an EWS1 (A1) form, the apartment is a low-maintenance modern build.
The property is currently let at £1,350 pcm until September 2026, giving a gross yield of about 8.6% at the asking price of £189,000 — attractive for investors seeking near-term income. The long lease (circa 245 years) and recent construction reduce medium-term ownership risk, while the location provides fast access to the city centre, Salford Quays and Metrolink connections.
Buyers should note the apartment is leasehold with an annual service charge of about £2,261 and ground rent of £300, which will affect net returns. Heating is electric with room heaters rather than gas central heating, so running costs may be higher. The property is average-sized (c.660 sq ft) and sits in a generally deprived area, though crime levels are very low and local amenities are plentiful.
Overall this is a practical, low-upkeep investment in a modern building close to transport and retail hubs. Owner-occupiers or investors who value immediate rental income and a contemporary finish will find it compelling; those seeking lower energy bills or a suburban setting should factor in the electric heating and urban location.
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