SOLD: MANCHESTER – Fallowfield

MANCHESTER - Fallowfield

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    • Property Features

      • Off-Plan Portfolio
      • 14 Studio’s & Apartments
      • Leasehold Sale
      • Reserve NOW for £50k
      • Exchange with 50% Deposit & Registered Title
      • Residential Planning – professional & student lets
      • Located in the heart of Fallowfield
      • Next to Manchester University Campus
      • Estimated ROI = 6.75% to 7% GY

      Property Summary

      SOLD:

      New Off Plan Portfolio of 14 Student Studios and Apartments

       

       

      Full Details

      ***SORRY TOO LATE - GONE!***
      Let & Management by: O'Connor Bowden - 0161 406 0044

      An opportunity to purchase a new portfolio of 14 off-plan apartments comprising; 10 x studio’s and 4 x 1 bedroom apartments, which are located in the heart of Fallowfield next to Manchester University’s Fallowfield Campus. Fallowfield is an established, highly populated student area with an overwhelming number of properties located in neighbouring street dedicated to providing student accommodation.

      Landcross House is a bespoke development project which will refurbish and convert a former church building in to 14 apartments. Residential planning consent is granted, enabling the new owner to let the properties to students, postgraduates and the professional private rental market.

      Furnished Accommodation:
      The properties will be provided flooring and complemented by modern kitchen and bathroom fittings.

      The internal accommodation for 3 of the studio apartments will comprise; lounge / bedroom area with kitchen space and separate bathroom / WC, whilst seven out of the ten Studio apartments will have the additional benefit of separated bed areas. All of the one bedroom apartments comprise; Lounge with kitchen area, separate bedroom and bathroom / WC.

      Specification:
      The properties are to be appointed for the investor market, which may be subject to change;

      Fitted carpets to lounge and bedroom areas in 1 bedroom apartments
      ‘Amtico’ flooring fitted throughout the studio’s
      Recessed LED ceiling lighting
      Contemporary fitted kitchen units with worktop and inset stainless steel sink units
      Built-in oven, hob and extractor units
      LED lighting under wall cabinets and pelmets
      Modern ‘white’ bathroom suite with WC, wash hand basin, bath or shower cubical and appropriate tiling
      Access intercom with camera
      CCTV to external and internal communal areas
      Communal satellite pay for view system
      Landscaped communal areas

      Further details of the specification are available on request and details can be included in the contractual arrangements.

      Location:
      Landcross House is located on Landcross Road, close to the crossroads junction of Wilbraham Road and Withington Road, in the very centre of Fallowfield. Fallowfield is an established highly populated student area with the overwhelming number of properties located in neighbouring street dedicated to providing student accommodation. The development is approx 2.5 miles to the south of the city centre, convenient for Manchester University Fallowfield Campus, Manchester’s infamous ‘curry mile’ in Rusholme and Manchester Royal Infirmary hospital and associated medical services. Landcross House is
      also close to a number of main routes leading to Manchester’s M60 circular motorway network and Manchester Airport.

      Tenure:
      Each apartment will be sold with a 250 year leasehold title, subject to an annual ground rent of £200.00 pa.

      Warranty:
      The apartments will be sold with a contractor’s 12 month warranty

      Reservation Terms:
      £50,000 Reservation Fee
      50% Deposit payable on exchange of contract, which will be completed with registered title and second charge to the developer for the balance payment.

    Make Enquiry

    Contact O'Connor Bowden | Property Investment & Development

    SOLD: MANCHESTER – Fallowfield

    Disclaimer

    THE PROPERTY MISDESCRIPTIONS ACT 1991: The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the tenure of a property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned in the sales particulars. They may, however, be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract. All measurements are approximate

    MISREPRESENTATION ACT 1967: The property details have been produced in good faith, are set out as a general guide and do not constitute the whole or part of any contract. All liability, in negligence or otherwise, arising from the use of the details is hereby excluded

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