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.
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.
For more information or to book a viewing, please contact us on 0161 284 0644 or email us at sales@aadam.co.uk using the property reference (254).
NoticePlease note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Property Features :
- 6% assured NET rental yields in year one
- 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