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3 bedroom flat for sale
Bridgewater Gate, Woden Street, Salford, M5
£205,000
Bridgewater Gate, Woden Street, Salford, M5
£205,000
Our Summary
- Ideal investment opportunity or a wonderful start for a first time buyer
- 18 PA (at time of advertising)Ground Rent : £345 PA (Deed of Variation in Place)Lease Length : 250 Years From January 2016EWS-1 Grade B-1Auctioneers Additional CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
- This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
- The property is being sold via a transparent online auction
Description
This modern, well-proportioned three-bedroom apartment is being sold via a secure online auction with a starting bid of £205,000. Located on the fourth floor, the property features an entrance hall, open-plan living/kitchen, three double bedrooms, a bathroom, and a spacious walk-in storage cupboard. The apartment is situated in a resident parking area, making it an ideal investment opportunity or a wonderful start for a first-time buyer. Currently tenanted until March 2025, the property achieves a net yield of 6% and has a lease length of 250 years from January 2016. The service charge is £4,876.18 per annum, and the ground rent is £345 per annum. The property is available to view strictly by appointment only and can be bid on through the marketing agent or the auctioneer's website.