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Studio
Frederick Road, Salford M6
£119,000
Frederick Road, Salford M6
£119,000
Our Summary
- Off plan investment opportunity For Investment Purposes Only Built up of 353 luxury studio apartments right in the heart of the vibrant city
Description
We are thrilled to introduce a brand new development in Manchester, offering an off-plan investment opportunity for investors. The development features 353 luxury studio apartments, situated in the heart of the city, with easy access to amenities such as a gym, communal area, rooftop garden, and excellent transport links. Perfect for young professionals, the location is just a 10-minute walk from the city's main attractions. The investment highlights include a 7% net guaranteed return for five years, zero ground rent, and a completion date of Q4 2024. With 24/7 security and a prime location, this development is poised to capitalize on the city's growing demand for rental properties, with prices expected to increase by 12% in the next year and rents expected to rise by 16.5% between 2020-2024.