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1 bed flat for sale

£80,000

Off Plan Manchester Apartments, Chester Road, Manchester M16

1 1

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Property features

  • 7%+ Net Rental Income
  • Manchester City Centre
  • Modern Low-Carbon Technology
  • Hi-Spec Design
  • Experienced Management Company
  • Prices from £79,000

Property description

Off Plan Manchester Apartments

For Investment Purposes Only – 50% Deposit Required

A new residential apartment block in Manchester’s most exciting growth area. Located in one of the city’s most up and coming areas, expected to see significant price growth as prices in surrounding areas have risen significantly. West Point is being redeveloped in to 346 high quality residential units, with market-leading communal facilities for tenants, including a gym, roof garden, a landscaped Japanese garden area, parking, communal lounge and coffee bar.

In addition the development will combine high quality finishing and cutting edge low-carbon technology, meaning that the building will be one of the city’s most energy efficient, with a benefit to investors of an enhanced rental yield and future-proof investment.

To Receive a Free Financial Forma Register Below or Call Us Today!

Please get in touch with us if you wish to discuss this property investment or other buy to let opportunities. RWinvest is one of the leading UK property investment companies. We have connected with over 25,000 previous investors and have secured high yield investment deals with guaranteed returns for our customers across the UK and abroad.

Investment Overview

1. 7%+ Net Rental Income
2. Manchester City Centre
3. Modern Low-Carbon Technology
4. Hi-Spec Design
5. Experienced Management Company
6. Prices from £79,000

About Manchester

The second city of the UK and centre of the “Northern Powerhouse”, is a thriving cosmopolitan city, built upon an industrious legacy. Manchester’s rise to be a world leading modern economy has seen Oxford economists predict that employment growth in the city over the next five years will exceed many international capitals including Paris, Berlin and Tokyo. Significant investment is being made across Greater Manchester into all sectors of the economy. Notable infrastructure spending shall make Manchester one of Europe’s best integrated cities with seamless transport solutions for its citizens.

For More Information Call Us Today or Register Below for an Info Pack
Floorplan(s): Floorplan 1

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Market activity
Average price paid £221,956 Sales 256 Current average value £230,404 (Zoopla Zed-Index) Value change £7,753 ▲ 3.48%

Property value data/graphs for M16

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £363,237 £212 4.1 £354,222
Semi-detached £286,978 £243 3.6 £273,072
Terraced £212,541 £211 3.1 £235,308
Flats £155,803 £239 1.8 £138,847

Current asking prices in M16

Average: £190,482
Avg. current asking prices in M16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £18,000
(6)
£226,667
(3)
£274,000
(10)
£377,000
(10)
£363,000
(5)
Flats £103,442
(47)
£182,496
(22)
£199,998
(5)
- -
All £93,769
(53)
£187,797
(25)
£249,333
(15)
£377,000
(10)
£363,000
(5)

Current asking rents in M16

Average: £503 pcm
Avg. current asking prices in M16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £325 pcm
(96)
£351 pcm
(2)
£952 pcm
(7)
£1,049 pcm
(2)
£1,400 pcm
(1)
Flats £356 pcm
(110)
£726 pcm
(26)
£899 pcm
(5)
- -
All £342 pcm
(206)
£700 pcm
(28)
£930 pcm
(12)
£1,048 pcm
(2)
£1,400 pcm
(1)

Fun facts for M16

Highest value in M16
Highest value streets Zed-Index
Green Walk £499,383
Wood Road £441,802
Chatham Road £437,207
Arundale Avenue £430,171
Darley Road £411,039
Highest turnover in M16
Highest turnover streets Turnover
East Union Street 53.8%
Shuttleworth Close 42.9%
Farwood Close 40.0%
Whitethorn Avenue 40.0%
Marlborough Avenue 39.1%

What Zoopla users think of Manchester

Overall rating:

  • currently 4 stars
Very good - 78% (524 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Manchester:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Manchester United Football Ground (0.8 miles)
  • Deansgate (1.2 miles)
  • Manchester Oxford Road (1.5 miles)
  • Manchester International Airport (7.5 miles)
  • Liverpool John Lennon Airport (25.4 miles)
  • Leeds Bradford International Airport (37.5 miles)
  • Liverpool Pier Head Ferry Terminal (30.1 miles)
  • Liverpool Isle of Man & Dublin Terminal (30.2 miles)
  • Liverpool Belfast Ferry Terminal Bootle (30.2 miles)

Nearby schools

View all schools in Trafford
  • Seymour Park Community Primary School (0.3 miles)
  • Old Trafford Community Academy (0.3 miles)
  • St Alphonsus RC Primary School (0.4 miles)
  • Salford City College (0.6 miles)
  • Loreto College (0.8 miles)
  • Trafford College (0.8 miles)
  • Afifah School (0.4 miles)
  • St John Vianney School (0.8 miles)
  • IncludEd (0.9 miles)
Note: Distances are straight line measurements

Local info for Trafford

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For more information about this property, please contact
RW Invest London, SE1 on +44 20 3641 4564 * (local rate)

Monthly running costs Beta

£479 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,000
Repayment term 25
Interest rate 1.5
Your payment £287 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £26/mo (£315/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £17 Electricity £27 Estimated energy cost £44/mo

Similar properties could save up to £123

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Trafford

Estimated tax band A Council tax cost £94 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £13 Sewerage £15 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact RW Invest London about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by RW Invest London, and do not constitute property particulars. Please contact RW Invest London for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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