Bridgewater Point, Ordsall Lane, Salford, M5 4YA | Property for sale | Savills
460 sq ft(42.74 sq m)
Guide price £145,000

Bridgewater PointOrdsall Lane, Salford, M5 4YA

  • Sold
Flat / Apartment
460 sq ft (42.74 sq m)
1Bedrooms
1Bathrooms
1Receptions

Key features

  • Sold in December 2022
  • Ready Let Turn-Key Investment
  • Modern Apartment
  • Open Plan Living & Kitchen
  • Close to Amenities
  • Tenanted Until September 2022 at £750pcm

Turn key investment opportunity! Bridgewater Point, a modern development in the developing Ordsall area.

About this property

  • Savills are delighted to present a ready-let turn key investment to the sales market in the Bridgewater Point development.

    This modern apartment briefly comprises of an entrance hallway leading to one double bedroom, a spacious open-plan living and kitchen area, and luxury three piece suite bathroom.

    Built in 2015, Bridgewater Point showcases an excellent rental track record benefitting from a large level of regeneration in the surrounding Ordsall area.

    Presented as a turn key investment offering a huge 6.2% gross yield at asking price, this could be the ideal addition to a landlord portfolio.

    View payable Stamp Duty for this property

Great rental returns on offer here. Ordsall Lane has benefitted from so much redevelopment in the last few years!

Ryan GriffinProperty agent

Local information

  • Bridgewater Point sits in a prime location along Ordsall Lane between Manchester city centre and Media City. Cornbrook tram stop (0.7m), Deansgate tram & train links (1.1m), and Spinningfields (1.2m) are all within easy reach.
  • Regent Road Retail Park is also situated just behind the development (0.4m) with a large Sainsbury`s, TK Maxx, Boots, and much more on offer.
  • Salford Central Train Station is just 1.1 miles away, which provides good access links both in and out of the city centre.
  • Sports and entertainment are within easy reach also. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 1.2m and 3.4m away respectively.
  • For cultural activities, locally residents are only 0.8m from Castlefield Bowl which often hosts an array of food festivals and music gigs.

Additional information

  • EPC Rating: B
  • Tenure: Leasehold. Lease Expiry: 01/01/2265 (240 years remaining)
  • Service Charge: £913.20pa
  • Ground Rent: £240.00pa (review date TBC)
  • Council Tax Band: B