2 Bed Flat, Potential PLO/LOA, Salford, M3 5AS £118,000

Flat , City Heights, Salford, M3 5AS - 3 days ago
Leasehold
Auction
Negative Equity
~68

Property History

Listed for £118,000

-31%

January 13, 2026

Sold for £155,000

2004

Sold for £118,400

2001

Sold for £92,000

2000

Floor Plans

Description

  • TO BE SOLD BY ONLINE AUCTION +
  • Tenanted Investment Property +
  • Private Parking Space Included! +
  • Generating £15,180 p.a- over 10% Rental Yield +
  • Excellent Central Manchester Location +
  • EPC Rating C +

TO BE SOLD BY ONLINE AUCTION ON 21ST JANUARY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS Flat 1701 City Heights, Victoria Bridge Street, Salford, M3 5AS A two-bedroom, tenanted city centre apartment offering an excellent buy-to-let investment with immediate income in place. The property is currently let at £1,265 per calendar month (£15,180 per annum) on an Assured Tenancy until 24/07/2027, representing an attractive yield of approximately 12% based on the guide price. The accommodation comprises an open-plan kitchen and living area with large windows offering views across Manchester city centre, a spacious hallway, two double bedrooms, and a bathroom. The apartment further benefits from a private allocated parking space, which offers the potential to generate additional rental income if let separately. Here are some similar properties taken from Land Registry which have sold close by: Flat 1502, City Heights, Victoria Bridge Street, Salford, M3 5AS – Sold 15/04/2025 – £165,000 Flat 1708, City Heights, Victoria Bridge Street, Salford, M3 5AS – Sold 10/07/2025 – £151,000 Apartment 804, 2 New Kings Head Yard, Salford, M3 7GJ – Sold 23/05/2025 – £260,888 Situated within the highly sought-after City Heights development, the apartment is ideally located for Manchester city centre amenities. Harvey Nichols, Selfridges, The Arndale, Exchange Square, The Printworks, Deansgate and Spinningfields are all within easy walking distance. Transport links are excellent, with Manchester Victoria Station nearby and convenient access to major road networks. EPC Rating: C. Sold as seen.

Agent Details

Edward Mellor Ltd, Auction

0161 524 2443

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.