Broadway, Salford, Greater Manchester, M5
- PROPERTY TYPE
Penthouse
- BEDROOMS
2
- BATHROOMS
3
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Penthouse
- MediaCityUK 5 minute walk
- Boutique development comprising of 24 units
- 5% NET returns
- 999 year lease
- Stunning communal gardens
- Roof Terrace
Description
Situated in Salford, a popular 'gateway' location just 20 minutes away from Manchester's bustling city centre, the location of Imperial Gardens makes it perfect for working professionals and families alike. Salford has a proven record as an investment location, with over £280 million of public and private investment being poured into the area during the early 1990s. It has attracted a great deal of interest and investment since, receiving a particularly significant boost in 2012 when Salford Quays were rejuvenated so that swimming and diving events could be held for the London Olympic games.
The appeal of Imperial Gardens to both investors and tenants alike is its close proximity to Manchester City Centre. Traveling into the heart of Manchester couldn't be any easier, however, the cost of renting and living in Salford is considerably lower. It's also worth noting that constant inward investment in the area has led to consistently high demand for rental properties in Salford, with rents in Manchester, Salford and Trafford increased by 20% over the last year and only set to continue to rise due to an undersupply and high demand for rental properties.
Comprised of 22 x 2 bedroom flats and 2 x 3 bedroom apartments, Broadway Place is within walking distance of MediaCityUK, providing access to countless entertainment options and professional opportunities. The development itself will also have plenty to offer, including a roof terrace and garden, bicycle store, and entrance foyer. The property will be managed by Amco Management, a well-established agency with a great deal of experience in residential and commercial property investment opportunities in Manchester. Investors will be buying a 999-year lease and can expect to receive a net rental yield of 5% NET per annum.
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Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Broadway, Salford, Greater Manchester, M5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Anchorage Tram Stop0.2 miles
- Harbour City Tram Stop0.4 miles
- Broadway Tram Stop0.4 miles
About the agent
Rothmore Property, Manchester
Manchester One, 53 Portland Street, MANCHESTER, M1 3LD
About
Our national portfolio comprises of luxury new-build properties that we have cherry-picked after extensive analysis of the buy to let and owner occupier market, ensuring that the property opportunities we offer our clients bring both the top level of rental yields and capital appreciation. Our property consultants have a wealth of experience working with both national and international buyers. We believe that every property search is differen
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference IMPG3. 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 Rothmore Property, Manchester. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Rothmore Property, Manchester on 01202 145412.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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