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1 bedroom apartment for sale

Skerton Road, Old Trafford, Manchester, M16


Property Description

Full description

Tenure: Leasehold

Property Features:
Boutique luxury 1 & 2 bedroom apartments
7% fixed income for non resident landlords
1.7 miles to Manchester city centre
On site secure car parking and landscaped gardens
Building fully maintained and managed by dedicated management team
Fantastic growth potential
Completion date July 2016
Trustworthy and dependable property developer

Grove House is a modern residential property redevelopment in the Old Trafford district of Manchester. The building, which is close to the city centre, will be fully managed and let by Harper Brooks residential lettings. This offers a great opportunity for investors looking for hands free buy to let apartments. Grove House pays an annual net yield of 7% to investors.

Manchester is an extremely popular city with a strong rental market. In 2014, the average annual rent grew by 5%. This has been fueled in part by a population increase of 19% over the last decade. Property values have also enjoyed strong growth with studies by Nationwide Bank showing a 21% increase in house values in 2013. The proposed High Speed 2 rail link only serves to broaden Manchesterís appeal and makes Grove House a wise choice for the savvy buy to let investor.

The former office block will be completely refurbished, transforming Grove House into a sustainable energy and environmentally friendly residential building. Each 1 & 2 bedroom apartment will have a fully fitted kitchen and bathroom. Apartments are supplied fully furnished and the highest quality fixtures and fittings will be used throughout. The site also offers, secure car parking, bicycle storage and fully maintained landscaped gardens.

Old Trafford has excellent public transport facilities including the Metrolink modern city tram system. Grove House is close to the world famous football stadium, city centre and is well connected to the thriving Media City business sector in Salford. Grove House should appeal for both young professionals and families alike.

Tram times to popular facilities:
Nearest tram stop - 2 mins
Media City - 13 mins
Manchester City Centre - 8 mins
Piccadilly Train Station - 14 mins

Purchasing an apartment at Grove House could not be easier. Flambard Williams proficient staff will walk you through the process from start to finish. Payment terms are straightforward, spread out over a 12 month period and dedicated teams of independent solicitors are in place. Please call for further details.

Listing History

Added on Rightmove:
11 November 2016

Map & Street View

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