2 bedroom apartment for sale

Albert Vaults, Chapel Street, Salford, M3

From £210,950

Property Description

Key features

  • Exclusive development of 25 1 and 2 bedroom apartments
  • Yields up to 6.6%
  • Superbly located in the heart of Manchester
  • Manchester continues to be an excellent investment
  • Supported by strong market fundamentals - namely, significant demand for housing
  • Investors have long-confirmed Manchester as a serious business hub
  • 8.2bn of commercial property investment attracted over the past decade
  • Purpose-designed 1 and 2 bedroom apartments of Albert Vaults caters perfectly for the growing market
  • Novo has exacting standards and takes huge pride in the product it delivers
  • 10-year warranty which remains in place even on future sale

Full description

Albert Vaults


Yields up to 6.6%

Albert Vaults is an exclusive development of 25 1 and 2 bedroom apartments, superbly located in the heart of Manchester.

Designed for city living, Albert Vaults offers an enviable combination of style and convenience, providing a stylish retreat for those looking to work, play and relax in this "Powerhouse" city.

An apartment in Albert Vaults doesn't just represent a sound investment decision. It's an opportunity to be part of one of the UK's most exciting and dynamic cities.

Whether buying to live or buying to let, property in Manchester continues to be an excellent investment, supported by strong market fundamentals - namely, significant demand for housing coupled with a persistent lack of supply.

Businesses looking to re-locate or expand from costlier hubs, such as London and the trend of "Northshoring" is keeping employment high, attracting professionals who want to live and work in the centre of Manchester. Meanwhile, competition for quality homes will remain intense as supply continues to fall well short of identified targets.

Investors have long-confirmed Manchester as a serious business hub demonstrated by the 8.2bn of commercial property investment it has attracted over the past decade, the most of any UK city other than London

Employment is strong in Manchester, with only 2.9% unemployment (vs. 5.1% nationally) According to Oxford Economics employment growth in the city between 2010 and 2015 was 20.3%, equating to an absolute increase of over 68,000 jobs. This growth outstripped UK cities such as Birmingham, Liverpool and Glasgow as well as cities further afield, including Paris and Tokyo.

According to the GMCA, more than two-thirds of the projected growth in households in Greater Manchester over the period 2012-2035 is expected to consist of single person households (compared to just under half today). The purpose-designed 1 and 2 bedroom apartments of Albert Vaults caters perfectly for this growing market.

Novo has exacting standards and takes huge pride in the product it delivers to ensure all buyers are fully satisfied from the moment they turn the key. This is backed up by a 10-year warranty that is provided on all apartments, which remains in place even on future sale.

Prices start from 210,950 for a two-bedroom apartment.

OFF PLAN PURCHASE INFORMATION
2,000 Reservation fee to reserve your apartment
20% Payable on exchange of contracts (which your reservation fee will count towards)
Balance payable on completion, est. Q4 2017


Listing History

Added on Rightmove:
25 October 2016

Nearest stations

  • Salford Central (0.2 mi)
  • Manchester Victoria (0.4 mi)
  • G-Mex (0.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Novo Property Solutions Ltd

Chapel Street, Salford, M3

0161 468 3949 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans

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Floorplan 1

Floorplan 1

Floorplan 2

Floorplan 2

Floorplan 3

Floorplan 3

To view this property or request more details, contact:

Novo Property Solutions Ltd

Chapel Street, Salford, M3

0161 468 3949 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Salford Central (0.2 mi)
  • Manchester Victoria (0.4 mi)
  • G-Mex (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Novo Property Solutions Ltd

Chapel Street, Salford, M3

0161 468 3949 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2_bed. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Novo Property Solutions Ltd. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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