3 Bed Flat For Sale Blackfriars Street, Salford, M3

£400,000- Flat

1 of 4
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Last Updated: 21st March 2024

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
Agent Details
Elite Realty Invest
Suite 405-408, Cotton Exchange Building, Bixteth Street Liverpool L3 9JR

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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