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Investment opportunity for sale in Salford

Derwent Street, Salford, Greater Manchester, M5 4SS
For sale
£175,000

COMMON USE CLASS: C3 Dwelling Houses

vesta-property
This property is marketed by:
Vesta Property

Please note that this property is also part of a larger broken block listing and the vendor is open to selling the units individually.

Leasehold information

  • Length of lease: 125 years
  • Year lease started: 2012
  • Years left on lease: 115 years (from 2022)
  • Ground rent: £250 pa, vendor advised this is a doubling ground rent
  • Ground rent review period: tbc
  • Service charge review period: tbc

Property information

  • Located on the ground floor
  • Open plan kitchen/dining/sitting room
  • Juliet balcony leading off the lounge
  • Extra storage in the hallway
  • EPC rating C
  • Council tax band C
  • Expected monthly rental income £1,000
  • Property is advertised for letting at the time of listing

Location information

  • Manchester city centre is 1.2 miles walk away
  • Deansgate railway station can be reached in less than 20 minutes on foot
  • Ideally located for access to the Ring Road (A6042)
  • Bus stop within walking distance of the property

Note

Please note that Vesta has not visited this property and that the vendor has provided all material.


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