1 bedroom Flat for sale in Ordsall Lane Salford M5

Sale Price: £122,495

Ordsall Lane, Salford M5

Flat
1 Bed(s)
1 Bath(s)
Available

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Street Address

Ordsall Lane, 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).

Property Features :

  • Anticipated completion for Q3 2017
  • Stunning apartments in a highly soughtafter location
  • Prime rental market in Salford
  • Excellent location between Salford Quays and Manchester City Centre
  • Great transportation links - tram and bus access
  • Built by experienced developers Fortis Developments
  • Fully let and managed by an experienced lettings agent
  • Please note the units are being sold off plan
  • 6% assured net rental yields in year one
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