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3 bed flat for sale

£265,000 Offers over

The Riley Building, Derwent Street, Salford M5

3 bed flat for sale 3 2 1
Interested in this property? Call +44 161 937 8057 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • *Buy To Let Investment Only - Tenants Contracted June 2025 £1550*
  • Three Double Bedrooms
  • En-suite To Master Bedroom
  • Two Covered & Secure Parking Spaces
  • Close Proximity To Central Manchester
  • Retail Park & Amenities Nearby
  • Onsite Concierge
  • Convenient Motorway Links In & Out Of Manchester
  • 1.3m To The Nearest Station
  • *Video Tour Available*

Property description

*Buy To Let Investment Only - Tenants Contracted June 2025 £1550*

With a cracking location next to the River Irwell and the ship canal, these apartments in Riley Building blend a good splash of style with a natural homely comfort.

Kitted out with modern furnishings, this three double bedroom apartment oozes unrivalled quality. The spacious open-plan kitchen/lounge is light and airy, and the benefit of two bathrooms - a master and an en-suite - is a major bonus. With fixtures and fittings of the highest quality, there really has been no stone left unturned whilst fitting this apartment out with all the features that one has come to expect from Manchester city centre apartments.

To top it off, this apartment also benefits from two private, covered parking spaces - a huge bonus - especially when it comes to city centre living.

The location couldn't be more perfect either. Just a hop, skip and a jump away from Deansgate Metrolink, the Manchester world (and the surrounding area) is your oyster. The beating heart of Manchester is little but a 10-15 minute stroll, with the likes of Deansgate Locks, Spinningfields, Salford Quays and Castlefield all on your doorstep. The ring road is easily accessible, as are the canal boats; if floating through the city is more your thing. We wouldn't recommend swimming though.

What more can we say about this apartment, or Manchester for that matter? If you're looking for a beautiful apartment right in the thick of all the action, you really need to book a viewing and take a closer look. No amount of words or pictures can do this justice.

And just so you know, the pictures for this apartment are for marketing purposes only.

Service charge - £2232
Lease 250 years from 2015.
Ground rent – £300 pa
How the gr increases? – every 10 years in line with rpi
Council Tac Band - B

Living/Kitchen Area (5.7 x 4.3 (18'8" x 14'1"))

Kitchen, living space with large windows over looking the city centre. Fully equipped kitchen.

Master Bedroom (4.3 x 2.6 (14'1" x 8'6"))

Double bedroom with a floor length window and three piece en-suite bathroom.

Second Bedroom (3.2 x 2.9 (10'5" x 9'6" ))

Double bedroom with floor length windows.

Third Bedroom (3.2 x 2.9 (10'5" x 9'6"))

Double bedroom with floor length windows.

Bathroom (2.4 x 1.7 (7'10" x 5'6"))

Three piece bathroom suite.

En-Suite Bathroom (2.6 x 1.5 (8'6" x 4'11"))

Three piece bathroom suite, entrance from the master bedroom.

Property info

Floorplan(s): Floorplan 1

View original

Property value data/graphs for M5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £161,142 - 2.8 £277,000
Semi-detached £189,463 £184 2.9 £229,261
Terraced £218,163 £155 2.8 £205,374
Flats £208,388 £219 1.9 £151,476

Current asking prices in M5

Average: £223,369
Avg. current asking prices in M5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £310,000
(2)
£270,875
(8)
- -
Flats £170,809
(196)
£249,383
(180)
£310,170
(60)
£382,495
(2)
-
All £170,809
(196)
£250,049
(182)
£305,547
(68)
£382,495
(2)
-

Current asking rents in M5

Average: £1,383 pcm
Avg. current asking prices in M5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £650 pcm
(1)
£1,343 pcm
(4)
£1,767 pcm
(7)
- £702 pcm
(1)
Flats £1,086 pcm
(35)
£1,421 pcm
(64)
£2,008 pcm
(11)
- -
All £1,074 pcm
(36)
£1,417 pcm
(68)
£1,915 pcm
(18)
- £702 pcm
(1)

Fun facts for M5

Highest value in M5
Highest value streets Zed-Index
Weaste Lane £289,926
Ordsall Lane £260,424
Lockgate Square £256,141
Weaste Drive £235,475
Lockside Lane £234,844
Highest turnover in M5
Highest turnover streets Turnover
Josslyn Road 58.3%
Whitegate Drive 50.0%
Little Bolton Terrace 32.5%
Scanlon Lane 30.0%
Weaste Drive 28.6%
Arrange Viewing

For more information about this property, please contact
Ascend, M3 on +44 161 937 8057 * (local rate)

Monthly running costs Beta

£1,270 Monthly total

Mortgage

Purchase price
Deposit (10%) 26,500
Repayment term 25
Interest rate 2.0
Your payment £1,010 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £26 Electricity £41 Estimated energy cost £67/mo

Similar properties could save up to £164

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 9900 kWh/year
Electricity: 2900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Salford

Estimated tax band C Council tax cost £148 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £23 Sewerage £22 Estimated water cost £45 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Ascend about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ascend, and do not constitute property particulars. Please contact Ascend for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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