Flat for sale in Warwick Road Old Trafford Manchester M16

Sale Price: £104,500

Warwick Road Manchester, M16 0RZ

Flat
-- Bed(s)
-- Bath(s)
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Street Address

Warwick Road Manchester, M16 0RZ

Property description


Marshalls are delighted to offer for sale the exciting Investment Opportunity at The Element Manchester with only five units remaining!

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 £104,500

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)

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