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£210,000

1 bed flat for sale

Blackfriars Street, Salford M3

    • 1 bed

    • 1 bath

Key information

Elite Realty Invest - Manchester

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About this property

  • 7% returns achievable

  • Full management company in place

  • Only 25% deposit required

  • Q3 2022 competition date

  • Stunning executive 1,2 and 3 bedroom apartments

  • Up to 20% below Market Value

  • Prices from £210,000

  • Hands off investment

Description

Off plan investment opportunity

For Investment Purposes Only - 25% Deposit Required

There is a mixture of 1-, 2- and 3-bedroom apartments to suit the needs of all potential buyers, and onsite facilities such as a residence only gymnasium, private Cinema room, breakout areas, rooftop gardens with spectacular city centre views, and the added security of a 24-hour concierge.

Investment Overview

7% returns achievable
Fast growing economy
Q3 2022 competition date
Top UK developer
0.1% Ground rent
250-year Leasehold
Council tax band C

1 bedroom apartments from £200,000
2 bedroom apartments from £290,000
2 bedroom duplex apartments from £350,000
2 bedroom penthouse duplex apartments from £390,000
3 bedroom apartments from £400,000
Location overview


- UK's no1 Investment location
- High tenant demand
- Prices have increased by 12% in the last year alone
- Rents in Manchester are expected to see a 16.5% increase between 2020-2024

This apartment is the perfect investment with only a 0.1% ground rent which will be reviewed in the future (contact our team for more information), over a 250-year leasehold. The service charge is estimated at £2.7 sqft (investors will be made aware of the review date in the future) and is also predicted to be within the Council Tax band - C.

Contact us today to discuss this exciting new development with one of our consultants. **Information included is subject to change**

Tenure: Leasehold

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Listed by

Elite Realty Invest - Manchester

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Property descriptions and related information displayed on this page are marketing materials provided by - Elite Realty Invest - Manchester. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Elite Realty Invest - Manchester for full details and further information.