Condominium buy in Salford Salford
PROVIDING LUXURY WATERSIDE LIVING IN AN UNPARALLELED LOCATION THE LAST REMAINING REGENERATION THIS CLOSE TO MANCHESTER CITY CENTRE The Manchester Waters scheme will regenerate a former 26 acre dockland site located between the residential neighbourhood of Castlefield and Salford Quays. The scheme forms a key part of the Northern Powerhouse and has a formal masterplan approved and adopted by both Trafford and Manchester City Councils' with the capability to develop over 2,500 new residential homes. The regeneration plans for Manchester Waters and the adjoining Cornbrook Hub will create a new destination which includes city - living style residential apartments up to 20-storeys in height along with multi-tenure development opportunities for young professionals and families alike. Located on the north-eastern gateway to Trafford - with a close proximity to the regions most successful and fastest growing business and employment location - Manchester Waters holds a significant strategic role in the Cities' growth. X1 Manchester Waters is the first phase for the transformational Pomona Island development, delivering 742 homes for private market rent across five residential towers. It is the 20th X1 scheme to be delivered in Manchester. DEVELOPMENT : X1 Manchester Waters Block D TENURE : 240 years lease from 2017 TARGETED COMPLETION : Q4 2024 ARCHITECT : Falconer Chester Hall WARRANTY : 10 Years building Warranty GROUND RENT : £395 per unit SERVICE CHARGE : Estimated £1.78 SQFT per Annum PARKING PRICE : £25k per space 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 FURNITURE PACK STUDIO APARTMENT FURNITURE PACK £2,995 LOUNGE & KITCHEN Sofa Coffee table Flat screen TV & Stand Dining table Dining chairs BEDROOM Double bed with drawers Double mattress Bedside table Chest of drawers Wardrobe with mirrored doors 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. A NEW CITY GATEWAY DEVELOPED ON MANCHESTER'S 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. * Exclusive Waterside Living * X1 Manchester Waters Block D * Studio Apartment * Bathroom * Open Plan * Ground Rent £395 per unit * Service Charge Estimated £1.78 SQFT Per Annum * 10 Years building Warranty * Tenure 240 years lease from 2017 * Targeted Completion Q4 2024