£155,000 Asking price

1 bedroom Flat for sale,
The Quays, Salford, M50

Features and Description

  • Ever-popular Quays development
  • Located on the second floor
  • Let at £1050 pcm until September 2024
  • Open-Plan Living Area/Kitchen
  • Balcony
  • Secure allocated parking space
  • Close to Metrolink and MediaCityUK
  • Leasehold
  • EPC Rating B

Currently offering a gross yield of 8.1% with a tenancy in place until September 2024 at £1050 pcm. Located within the ever-popular Millennium Tower development with EWS1 form in place (A1 rating). Comprising open-plan living area/kitchen with balcony, bedroom and bathroom along with secure allocated parking space. The apartment is situated in the heart of Salford Quays close to Metrolink stop and within walking distance of MediaCityUK, and the Lowry complex. EPC Rating B.

2ND FLOOR

Secure communal entrance at ground level. The apartment can be accessed via lift or stairs.

Entrance Hall

Storage cupboard, further cupboard housing water heater and washing machine (included in sale). Doors leading off to:

Living Area / Kitchen

6.57m (max) x 3.69m (max)

Full-height windows to dual aspect, entry intercom, recessed downlighters, underfloor heating. The Kitchen area is fitted with a range of base and wall units, integral electric oven and hob with extractor hood, sink with mixer tap, integral fridge/freezer and dishwasher. Glazed door to:

Balcony

Decked balcony with light.

Bedroom

3.53m x 3.28m

Full-height window, recessed downlighters, underfloor heating.

Bathroom

2.03m x 1.98m

Panelled bath with shower attachment, wash basin, WC, underfloor heating, shaver point, recessed downlighters, heated towel rail.

Parking

A secure allocated parking space is included in the sale.

Furniture

All of the furniture and contents belonging to the owner are to be included in the sale.

Leasehold / Council Tax

Lease term: 150 years from 1st August 2005. The seller advises that the current ground rent is £250 per annum. The quarterly service charge for the period 01/01/24 to 31/03/24 is £520.83, equivalent to an approximate annual figure of £2080.92. Please verify lease details with your solicitor. Council Tax Band C (Salford City Council).

Agent's Note

To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

The Quays, Salford, M50

Additional Information

  • Property ref
    MCC220519
  • EPC
    B
  • Tenure
    Leasehold
  • Lease length
    130 years
  • Council Tax
    C
  • Local authority
    Salford City Council
  • Ground Rent
    £250
  • Ground Rent Review
    Contact the branch
  • Service Charge
    £2,081
Greg Davies  Branch Manager
Greg Davies
Senior Branch Manager

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Reeds Rains Estate Agents Salford Quays

Salford Quays Branch Manager
Reeds Rains Salford Quays
2 Anchorage Quay, Salford Quays, M50 3YW
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
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Borrowing £139,500 and repaying over 25 years with a 2.5% interest rate.

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Nearby locations
Photos
Floorplan
Map view
Street view
Living Area / Kitchen
6.57m (max) x 3.69m (max)

Full-height windows to dual aspect, entry intercom, recessed downlighters, underfloor heating. The Kitchen area is fitted with a range of base and wall units, integral electric oven and hob with extractor hood, sink with mixer tap, integral fridge/freezer and dishwasher. Glazed door to:

Bedroom
3.53m x 3.28m

Full-height window, recessed downlighters, underfloor heating.

Bathroom
2.03m x 1.98m

Panelled bath with shower attachment, wash basin, WC, underfloor heating, shaver point, recessed downlighters, heated towel rail.

The pin shows the exact address of the property 

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

84

Potential

86

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A