£300,000
3 bed flat for sale
Middlewood Street, Salford M53 beds
2 baths
Key information
Tenure
Council tax band
Elite Realty Invest
About this property
0.1% ground rent
3 bed duplex
Off plan
Proven developer with excellent track record
UK's number one investment location
Up to 20% below Market Value
1000sq.ft
Description
Off plan investment opportunity
For Investment Purposes Only - 25% Deposit Required
Made up of one, two and three-bedroom apartments and luxury duplex apartments. The development is situated in the most up-coming area of Manchester with the sole concept of making it the dream location for residents to work and live in harmony. With working from home becoming more common, the balance between work and home is becoming more of a need within tenants.
Investment overview
0.1% ground rent
250 year lease
Leasehold
Up to 20% below Market Value
Council Tax band - B
2 bedroom apartments from £250,000
3 bedroom apartments from £290,000
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 £3.4 sqft (investors will be made aware of the review date in the future) and is also predicted to be within the Council Tax band - B.
Contact us today to discuss this exciting new development with one of our consultants. **Combined experience of over 20 years in the UK property market**
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More information
Listed by
Elite Realty Invest