For Sale

Michigan Point, Tower
manchester

Property marketed by Revilo Homes & Mortgages

Bridgefold Road, Rochdale, OL11 5BX

£329,995
Reception Rooms 1
Bedrooms 3
Bathrooms 2

Key Features

  • ATTENTION INVESTORS
  • X1 Manchester Waters Block E
  • One Bedroom Apartment
  • Open Plan
  • Exclusive Waterside Living
  • Service Charge Estimated £1.90 SQFT Per Annum
  • Tenure 240 years lease from 2017
  • 10 Years building Warranty
  • Ground Rent £395 per unit
  • Targeted Completion Q4 2023

About this property

*** ATTENTION INVESTORS / X1 Manchester Waters Block E / Two Bedroom Apartment / 10 Years building Warranty / Ground Rent £395 per unit / Service Charge Estimated £1.90 SQFT Per Annum / Tenure 240 years lease from 2017 / TARGETED COMPLETION Q4 2023 ***

*** ATTENTION INVESTORS / X1 Manchester Waters Block E / Two Bedroom Apartment / 10 Years building Warranty / Ground Rent £395 per unit / Service Charge Estimated £1.90 SQFT Per Annum / Tenure 240 years lease from 2017 / TARGETED COMPLETION Q4 2023 ***

A NEW CITY GATEWAY DEVELOPED ON MANCHESTERS HIDDEN ISLAND

Previously dubbed as Manchester's 'hidden Island' and laying untouched for years, we are delighted to be helping to breathe life back in to Pomona Island with the delivery of our 5 phase development – X1 Manchester Waters. The island, which was once home to the Royal Pomona Palace and Botanical Gardens later, became docklands to serve the Manchester Ship Canal. X1 Manchester Waters is a key element – and the first being delivered – as part of a 10 year master plan for the area. Occupying the south portion of Peel L&P's wider 26-acre Manchester Scheme, each tower will bring stunning waterfront apartments to the Island located between Castlefield and MediaCityUK. The location is truly unique and will offer residents stunning waterfront views along with excellent travel links to Greater Manchester – with the Pomona Island tram stop located just two minutes walk from the development. During one of his first outings as PM, Boris Johnson has pledged to 'unleash the productive power of the Northern Powerhouse' and visited Pomona Island as part of a visit for the new Trafford Centre Metrolink extension. The new 5.5km line will extend the current Eccles line to the Trafford Centre, including 6 new stops with £350m of funding from the Government.

FURNITURE PACK

TWO BEDROOM APARTMENT FURNITURE PACK £3,995 LOUNGE & KITCHEN Sofa Coffee table Flat screen TV & Stand Dining table Dining chairs TWO BEDROOMS Double bed with drawers Double mattress Bedside table Chest of drawers Wardrobe with mirrored door

PAYMENT STRUCTURE

1. Reserve your property from just £5,000 2. 25% of the total purchase price + 50% of the furniture price payable within 21 days 3. 10% stage payment + 50% of furniture pack payable 6 months after exchange date 4. Final balance payable on completion

THE UK'S SECOND CITY

Aside from being one of the leading cities in the Northern Powerhouse – Manchester's local buy to let market is leading the way in UK Property Investment and was revealed as the UK's best buy to let destination by LendInvest in December 2017. As the 6th largest city of the UK with a population of over 530,000 , Manchester has the second largest economy in the UK with the population continuing to grow as young working professionals look to move away from London and to the UK's second city for work and pleasure. Over the past 10 years alone, some of the leading international companies such as BBC, Deloitte, Kellogg's , Barclays and Siemens have moved their offices in and around Manchester with an increasing number bringing their regional offices to Manchester, including Technology giant Huawei who have just opened their first office in Media City, Manchester. According to Salford's City Mayor, the digital tech industry alone has turned over £4.98 billion in the North West and greater Manchester has the largest number of digital workers in the UK outside of London, which looks to continue its upwards growth. It is expected that the pace and level of job creation in Manchester could outnumber that of Berlin, Tokyo and Paris between 2015 and 2020.

The Buyer must have the ability to complete the Purchase with cash or funds not dependant on mortgaging the Reserved Property. The future availability of mortgaged or changes in lending criteria cannot be predicted and therefore mortgages cannot be relied on. If in any doubt advice should be taken from an independent financial advisor.


Property added 08/03/2022