€ 144.837

The Element

England, United Kingdom
  • 0
  • 1
  • sale
  • Studio

Property Description

North Point Global is creating an elegantly designed building on Manchester’s Warwick Road containing a residential mix of studio, one and two-bedroom apartments.

The building is situated in an excellent location, close to public transport links to the city centre and major employment zones such as Media City, as well as being on the road which connects two iconic sporting venues – the homes of Manchester United and Lancashire County Cricket.

North Point Global are bringing back to life what is currently a cleared brownfield site being used as a car park, but which will be transformed into a sleek apartment development.

Designed by Blok Architects, it will be a highly desirable home for young professionals.

7% Rental Assurance for 1st 2 years
Located in the popular area of Salford Quays
Proven Management Company
10 year build warranty
Local Architects
Optional Car Parking

Price: from £106,068

Car park: £17,000

Furniture Furniture pack (excl. 20% VAT): Studio - £2,739 plus VAT - 1 bedroom - £3,224 plus VAT - 2 bedroom - £3,999 plus VAT

Types of Units

Studio apartments -1 bedroom apartments - 2 bedroom apartments - 2 bedroom duplex / loft apartments - 3 bedroom duplex apartments

Payment Plan

Reservation of £2,000 / 80% on Exchange & 20% on Completion (6% Interest on deposit) 2. Reservation of £2,000 / 50% on Exchange / 50% on Completion (4% Interest on deposit) 3. Reservation of £2,000 / 25% on Exchange / 25% 3 months (after exchange) / 50% on completion 4. Reservation of £2,000 / 25% on Exchange / 75% on Completion

Tenure: Leasehold for 250 years

Build warranty:10 years

Expected completion: Q4 2016

Assured rent: 7% over 2 years

Developer: North Point Global

Architect: Blok

Service charge: £1 per sq ft per annum

Ground Rent : £350 for all unit types (Payable by the investor to the freeholder during the period of tenancy)

Additional Details

Living Space : 32

Lot Size :

Furnised : no

Garage : no

Central Heating : yes

Air Conditioning : no

Garden : no

Pool : no

Features :

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