Worsley Street, Salford, Manchester, Greater Manchester, United Kingdom

Report Listing

Apartment For Sale

£275,000

Worsley Street, Salford
Manchester, Greater Manchester, United Kingdom

2bd 1ba

Year Built: 0

Listed By: Bayonne

Listed On: 08/29/2023

Listing ID: GL3615313

Description

Summary 318 apartments GDV of £101 million 97% SOLD OUT- Final few properties remaining One-bed and two-bed apartments £250,000 - £372,000 Secure properties with a £5,000 deposit Description An imposing new landmark deserves a prominent location at the heart of the city. And Affinity Living Riverview occupies a strategic gateway site. A location that connects Manchester city centre with Salford – the new £1bn home of the BBC. A location with public transport, places of work, retail and culture on its doorstep. Affinity Living Riverview delivers on all of the requirements tenants demand from the location of their home. Affinity Living Riverview is their new home. Affinity Living Riverview offers five times more communal space than any other build-to-rent development in the UK. That’s 1,100 sq.m. of added value for a market that wants the ability to structure their own social life within a one-building community. Private dining rooms. Gym. Co-working lounge. Outdoor terrace. Exclusive facilities that naturally make tenants want to put down roots. Facilities that can help reduce void periods. Facilities that increase rental premiums. ESTIMATE BASED ON A 2 BEDROOM PROPERTY PRICED AT £275,000 • Monthly rent: £1,695 • Standard tenancy length: 12 months • Gross annual income: £20,940 • Annual management costs: £3,840* • Net Annual income: £16,500 2-YEAR RENTAL INSURANCE Affinity Living investments are offered with an assured rental return. For two years while the development establishes itself in the market, you will receive assured rental yields of 6% NET. This is around 50% higher than the standard UK residential yield of 4%. The assured 6% is the absolute minimum you will receive during the first two years.