1 bedroom flat share for saleRiverside House, Blackfriars Road, Salford, M3 7FU
- 6% guaranteed rental income
- Two year buy back option at 5% over purchase price
- Purpose built student development
- 70 En-suite study bedrooms available for purchase
- 168 Units already sold
Full descriptionINVESTMENT - GUARANTEED 6% yield - (Invest £62,950 - receive rent for two years, after which is a 'buy back option' 5% above purchase price - a return of c.£10k over 2 years!
168 UNITS ALREADY SOLD - Riverside house is a unique, luxury, purpose built student development. Units are offered for sale with two year 6% guaranteed rental income and a buy back option of 5% above purchase price after two years.
From our City Centre Branch, head north-east on Brancaster Rd towards Sorton St, Brancaster Rd turns right and becomes Cloak St, turn left onto Princess St/A34, turn left onto Charles St, turn right onto Oxford Rd/A34, continue to follow A34 for 1.1 miles, continue onto Trinity Way/A6042, turn left onto Blackfriars Rd/A6041 and continue to follow Blackfriars Rd and Riverside House can be found on the right.
168 UNITS ALREADY SOLD. A fantastic opportunity to purchase a hands off student investment in a purpose built development. Also benefiting from 6% guaranteed rental income for two years.168 UNITS HAVE ALREADY SOLD. The remaining 70 Study bedrooms are available for purchase with two year 6% guaranteed rental income and a buy back option of 5% above purchase price after two years.
Built in 2013, Riverside is a unique and luxury purpose built student development. The impressive building is designed for purpose and sustainability and sits on the bank of the reclaimed River Irwell, which forms the boundary between the cities of Manchester and Salford. The development is set in communal gardens and has on site buildings manager, concierge and maintenance team (during office hours). There is a communal laundry facility and a cycle store.
Study bedrooms are in clusters of three to seven each with a high spec living area with sofa, dining table and chairs and TV. In the kitchen with cooker, microwave and fridge freezer, Each luxury apartment includes fully furnished living space and fitted kitchen complete with appliances.
Each bedroom has secure swipe card entry, is fully furnished with double beds, quality fixtures and fittings, en-suite shower room and have TV and broadband internet point.
Annual service charge is inclusive of Maintenance, Management and Insurances charges and is already accounted for within the initial two years guaranteed rent return of 6% .
Ground Rent £100 per annum
Service Charge £1400 per annum
Information correct as of January 2016
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The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Energy Performance Certificates (EPCs)
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