Brindley House, 1 Elmira Way, Salford, Greater Manchester, M5 3DA | Property for sale | Savills
62.71 sq m
Guide price £125,000(8,035,217 EGP)

Brindley House1 Elmira Way, Salford, Greater Manchester, M5 3DA

  • Under offer

Key features

  • Investors only
  • Two double rooms
  • Two bathrooms
  • Parking included
  • Convenient Quays location
  • Juliet balcony
  • Over 10% gross yield
  • Tenanted at £1,150pcm effective November 2024

*Investors only* Two bedroom with parking in the popular Brindley House.

About this property

  • *INVESTORS ONLY*

    Savills are delighted to present a turn key investment opportunity, with this two bedroom apartment in the popular Brindley House development.

    Nestled in the growth corridor between Salford Quays/MediaCityUK and Manchester City Centre, Brindley House offers excellent value given the size of the apartment, in addition to an inclusion of one parking space.

    Briefly, the apartment consists of an open-plan lounge, dining and kitchen area with a Juliet balcony off the living area. There are also two double bedrooms with the primary bedroom enjoying an en suite bathroom, whilst the main bathroom is a modern three piece suite.

    Externally, there is one parking space included in the purchase price.

    The apartment is currently tenanted including the parking space at a rental of £1,150pcm, effective from November 2024.

    We have been advised that whilst the building does not have a valid EWS1 form, there are no costs associated to leaseholders for works to obtain one. We are further advised works have been put out to tender by the building management.

    Cladding/external wall system disclaimer: This property has cladding, as far as we know the current position with the property is:

    It's been tested and works are required however there are interim measures in place.
    * You should make enquires about the external wall system of the property, if it has cladding and if it is safe or if there are interim measure in place.

    View payable Stamp Duty for this property

High gross yield of 10% and a great position to benefit from the growth corridor of Manchester city centre and Media City!

Ryan GriffinProperty agent

Local information

  • Brindley House sits in a great location with ease of access to all Manchester and Salford Quays have to offer.
  • Salford Quays and Exchange Quay tram stops are located close by for travel in and around the city (0.3 and 0.2m respectively), with the bustling Manchester city centre only circa 1.5 miles away.
  • Grocery shopping is provided easily thanks to the local convenience stores nearby (Tesco Express 0.2 m, Co-op 0.3m).
  • General shopping, restaurants and bars can be accessed either via a short trip to Manchester (Circa 1.5 miles) or into Media City where you'll find a great selection including but not limited to; The Alchemist (0.9 miles), The Botanist (1.0 miles) and Nando's (0.9 mile)
  • For sport and entertainment. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 0.8m and 4.1m away respectively.
  • For cultural activities, locally residents are only 1.1m from MediaCityUK which often hosts an array of food festivals, music gigs and activities.
  • Please note - all distances provided are approximate

Additional information

  • Ground rent is reviewed in line with RPI every 10 years. Next review due 2033.
  • EPC Rating: C
  • Tenure: Leasehold. Lease Expiry: 09/03/2153 (128 years remaining)
  • Service Charge: £2,600.00pa
  • Ground Rent: £275.00pa (review date TBC)
  • Council Tax Band: B