2 bedroom flat for sale

  • £129,500
  • 10.4% Rental Yield
  • 85 ALI
St. Stephen Street, Salford, M3
For Sale

2 bedroom flat for sale

St. Stephen Street, Salford, M3
  • £129,500
  • 10.4% Rental Yield
  • 85 ALI


Updated on February 15, 2023
  • Property Type
  • 2
  • Bedroom
  • 1
  • Bathroom
    • Sq Ft
  • Year Built


Cash buyers only- We are pleased to offer for sale this bright modern two-bedroom apartment, which is only a short walk from
Manchester City centre, Spinningfields and Deansgate. It is close to all the shops, bars, with local take-aways,
corner shop and bus stops within 1min walk. This light and spacious property comprises of an entrance hall with
secure video entry system, spacious open plan lounge / kitchen / diner with French doors to a full-length balcony
overlooking the communal landscaped gardens, two bedrooms, a bathroom suite and generous storage. The property
is south facing, therefore master bedroom and lounge area/balcony get plenty of light. Measuring up at
approximately 61 square metres (660 square feet), the property can be found on the ground floor of the Richmond
Hill development.

The property would make an ideal first-time purchase or an excellent rental investment. Conveniently located close
to Victoria station and Salford central, bars and restaurants, the popular Spinningfields area as well as parks, green
space and primary schools nearby. Secure on-site parking available to rent for a small monthly charge.
Furniture and freestanding appliances are included in the price or can be removed if required. New carpets replaced
in 2021.

The property has no cladding or fire safety issues, standard fire safety certificate is available upon request. The
building does not meet the criteria to require a EWS1 certificate, but most lenders still ask for it although it is not a
legal requirement. This is not something the seller is able to provide at this moment in time and there might be
changes in the market practice going forward.
Due to the current situation this is only suitable for cash buyers or investors with lenders that do not apply a blanket
EWS1 requirement for all properties. An online video viewing can be arranged as a first step.

Additional information:
Share in freehold with lease for 124 years from 2007.
Service charge circa £1,600 PA
Currently being rented for £750/month.
No Chain
Tenure: Shared Freehold
Council Tax: B
Lease Remaining: 110
Current ground rent: £0.00
Ground rent review period: every 0
Annual ground rent increase: 0%

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