1 bedroom apartment for sale

Pure Investor is delighted to bring to the market this 1-bedroom 1st-floor apartment in the beautifully constructed Wilburn Basin. The apartment block is one of the more iconic and eye-catching developments in Manchester city centre. Wilburn Basin is positioned where Manchester meets Salford, a five-minute stroll from the Castlefield district of Manchester city centre.

The development comprises four towers, each offering fantastic views across the city. All the one-, two- and three-bedroom apartments are built to a high specification and duplex penthouses also include private roof terraces. Residents' amenities include a 24/7 concierge, a gym, cinema, a residents' lounge, and meeting rooms. Externally, there are landscaped gardens and seating areas around the River Irwell, as well as secure gated access to the river.

Investment Information

- Full address: 1.05 Rivergate, Wilburn Basin, Salford, Greater Manchester M5 4XP

- Asking price: £176,950.00

- Tenure: Leasehold, 250 years from 2016

- Number of bedrooms: 1

- Number of bathrooms: 1

- Open planned kitchen living space

- Tenants in situ

- Contract length: 6 months (been renewed in June 2023)

- Name of letting management company: Select -

- Current rental income: £900.00pcm

- Gross rental income: £10,800.00 per annum

- Yield: 6.1%

- Service charge: £722 per annum

- Ground rent: £300 per annum

- Council tax band: B

- EPC rating: C

- Available for mortgage and cash buyers