Studio for sale in Salford, M5
Ordsall Lane, Salford, M5£104,995
Agent details
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Full Details for Studio for sale in Salford, M5 :
Property description
Aadam Estate Agents are pleased to offer for sale this fantastic investment opportunity! Bridgewater Point is comprised of 220 residential units, made up of a mixture of stunning studio, 1, 2, and 3 bedroom apartments, as well as a selection of beautiful townhouses, spread over seven floors.All apartments are furnished using only the highest quality materials and appliances, and are decorated in a contemporary chic manner. In addition, residents of this ultramodern 194, 000sqft development are also able to enjoy a private on-site gym, bike storage facilities and a limited number of car parking spaces.
Furthermore, the complex also plays host to a striking communal garden area, a perfect utopia for residents to relax and unwind. Bridgewater Point is truly a state-of-the-art project thanks to its beautiful interior and exterior design, further enhanced by its proximity to two of the UK`s must-see places - Salford Quays and Manchester city centre.
Please note the units are being sold off plan
Am I buying as freehold or leasehold?
250 years leasehold
How much is the ground rent?
Ground rent is £349 per annum
What are the projected annual returns on this project?
6% net returns in year 1
When is my rental income paid?
Quarterly in arrears, direct into your bank account from completion
Is there a management company in place?
Yes, the designated management company will be Fortis Lettings & Management, who will let and
block manage the building.
Are there any restrictions if I want to sell?
No, Bridgewater Point is a residential development, so you are free to sell your apartment on the open market.
Please note the units are being sold off plan
For more information or to book a viewing, please contact us on or email us at using the property reference (254).
Furthermore, the complex also plays host to a striking communal garden area, a perfect utopia for residents to relax and unwind. Bridgewater Point is truly a state-of-the-art project thanks to its beautiful interior and exterior design, further enhanced by its proximity to two of the UK`s must-see places - Salford Quays and Manchester city centre.
Please note the units are being sold off plan
Am I buying as freehold or leasehold?
250 years leasehold
How much is the ground rent?
Ground rent is £349 per annum
What are the projected annual returns on this project?
6% net returns in year 1
When is my rental income paid?
Quarterly in arrears, direct into your bank account from completion
Is there a management company in place?
Yes, the designated management company will be Fortis Lettings & Management, who will let and
block manage the building.
Are there any restrictions if I want to sell?
No, Bridgewater Point is a residential development, so you are free to sell your apartment on the open market.
Please note the units are being sold off plan
For more information or to book a viewing, please contact us on or email us at using the property reference (254).
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