Studio Flat for sale: Manchester

Key Features

• 353 Luxury studio apartments
• State of the art gym
• Laundry Facilities
• Bike storage
• Roof garden
• Five minutes’ walk to Salford Crescent Station
• 30 minutes train Journey to Manchester city centre
• 7% per year rental return for 5 years

Summary

A striking, strategically located, new development of well appointed studio apartments delivering annual returns of 7% for five years to its investors.

Description

This development will provide 353 luxury studio apartments right in the heart of the action. With a range of on-site facilities and excellent transport links, this development offers the perfect solution for modern living.

The roof garden is one of the several shared spaces enabling residents to socialise at home outside of their private studio space.

These spectacular communal spaces offer residents stunning views of the surrounding city and a place to relax after a hard day of work or study.

Residents will have access to a state-of-the-art gym, laundry facilities and bike storage as well as being just five minutes’ walk from Salford Crescent Station.

These apartments are also close to the incredible city of Manchester either by a short journey by train or car, or a leisurely walk.

The studio apartments offer investors a 7% per year rental return for the first five years. They follow on from the hugely popular project situated just across the road, previously built by the same developer, that is currently enjoying 100% occupancy.

Over the last decade, private student accommodation has become one of the UK’s strongest assets, with a steady upward growth of domestic and overseas students enrolling on courses.

As traditional accommodation has declined in popularity, in a recent UCAS survey, 63% of students cite the standard of their accommodation as a very important factor for their wellbeing and satisfaction.

Manchester’s business district Spinningfields is home to several of The Times Top 100 Graduate Employees. So it may come as no surprise that the city comes top in the UK outside of London for attracting students and retaining them after their studies are complete, according to the Centre for Cities.

Many graduates that left Manchester to study also return after their studies, attracted back by the thriving cultural and social scene of the modern metropolis.

This development is perfect for transitioning from studies to the workplace without leaving home, by offering everything professionals need in a living space to make a strong start at a new career.

MediaCityUK is home to world-class studio facilities making television, radio and digital productions that are broadcast around the world. Many media professionals working here also live beside the tranquil Salford Quays.

The studio apartment prices are from £124,995 to £129,995.

IMPORTANT NOTICES

No description or information about the development or its facilities, the suites, their plans, specifications or values, may be relied upon as a statement or representation of fact. The developer reserves the right to amend the plans, specifications, returns on investment and purchase prices as necessary and without notice. Nothing on this website constitutes or forms a contract or any part of a contract.

Any computer generated images which, together with photographs, illustrate this feature are intended to provide an impression of the development and its properties and may not be a true representation of the finished project, its facilities or the designs of the properties. Their accuracy is not guaranteed and they have no contractual value. Internal images may relate to a different property type in the development.

Intending buyers must make their own investigations and are advised to take appropriate independent advice from a qualified financial advisor and independent legal advice.

Back to top ^