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1 bedroom apartment for sale

Blackfriars Road, Manchester

Offers in Region of £57,000

Property Description

Key features

  • Purpose Built Student Accommodation
  • Top Floor
  • South Facing Position

Full description

Tenure: Leasehold

This is an investment opportunity and not accommodation to be purchased for your own residential needs.

Riverside House is a private development of student accommodation for students of Salford and Manchester Universities in the style of a modern boutique hotel, built in 2013.

This is an investment property comprised of a one bed en-suite study room within a cluster of 4 similar rooms, situated around a shared kitchen/dining/living room.

The student lettings and the block management are provided by a management company who have good connections with the universities. They describe the facility as; "A high quality development of luxury student accommodation for Salford and Manchester Universities.`

They provide fully inclusive accommodation including all bills and broadband, a fully kitted out kitchen with appliances and even includes bedding, towels and toiletries. Onsite security is provided 24/7. Secure parking is available to tenants on a limited basis as is a secure cycle facility.

We are advised that the rental income is £130 per week for 46 weeks of the year as per the acedemic year.

We are advised that the management company take care of all lettings and maintenance including annual redecoration and all included within the management fees. This is a hands-off investment where full letting and management is taken care of for you.


Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
16 May 2017

Map & Street View

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