Below market value property in Salford Greater Manchester
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Below market value property in the city of Salford in Greater Manchester, just a stone's throw from Manchester's vibrant Deansgate area and the business district of Spinningfields
Affordable apartments in the City of Salford in Greater Manchester. Queen Street is a development for those that demand the best, offering premium facilities such as a residents' cinema and yoga studios for those who work hard and play hard.
Key Figures
£227,954Starting Price
4%Net Yield
Q4 2022Completion Date
Investment Details
Salford M3 below market value property
Queen Street is in the city of Salford in Greater Manchester, close to Spinningfields and Deansgate.
Comprising 219 one, two, and three-bedroom apartments, Queen Street offers an affordable entry point into Greater Manchester's property market.
Each apartment has been conceived and built with the resident in mind. Bespoke designs and commitment to high quality furnishings really sets the development apart from its competition. Open plan layouts, floor-to-ceiling windows and thoughtful lighting designs offer a living environment where health and relaxation are paramount.
Premium onsite facilities such as a 24-hour gymnasium and cinema room enhance each resident's lifestyle and offers them the opportunity to keep healthy and relax. There is also a workspace area to accommodate the growing trend of home working.
The Numbers
Ground Rent:
Number of Units:219
Service Charge:Approx £2.75 per sqft
Prices:One bed from £227,954, two bedroom from £246,176, three bedroom from £315,686
Leasehold:
- Bespoke fixtures and furnishings
- Open plan layouts
- Floor-to-ceiling windows
- 24-hour gymnasium
- Yoga studios
- Private cinema
- Terrace Garden
- £2000 to take from market (non refundable)
- 28 days to exchange – 25% deposit (£2000 returned)
- 75% on completion
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