Situated on Ordsall Lane, one of Salford's most emerging residential areas, Bridgewater Point is perfectly located - bordering directly on Salford Quays (the home of MediaCityUK, Europe's most acclaimed creative industry hub), and also just a short walk away from Manchester's thriving city centre.
Situated on Ordsall Lane, one of Salford's most emerging residential areas, the development is perfectly located - bordering directly on Salford Quays (the home of MediaCityUK, Europe's most acclaimed creative industry hub), and also just a short walk away from Manchester's thriving city centre.
Bridgewater Point is comprised of 220 residential units, made up of a mixture of stunning studio, 1, 2, and 3 bedroom apartments, as well as a selection of beautiful townhouses, spread over seven floors. All apartments are furnished using only the highest quality materials and appliances, and are decorated in a contemporary chic manner.
In addition, residents of this ultramodern 194,000sqft development are also able to enjoy a private on-site gym, bike storage facilities and a limited number of car parking spaces. Furthermore, the complex also plays host to a striking communal garden area, a perfect utopia for residents to relax and unwind. Bridgewater Point is truly a state-of-the-art project thanks to its beautiful interior and exterior design, further enhanced by its proximity to two of the UK's must-see places - Salford Quays and Manchester city centre.
Bridgewater Point is at the forefront of modern high-end living. Each and every apartment is furnished with beautiful fixtures and furnishings, and contains top-of-the-range appliances that perfectly befits custom-made city living. The needs of modern tenants are perfectly catered to in Bridgewater Point, where high-end luxuries like a 40-inch SMART TV just add to the luxurious feel and make each tenant feel at home.
Furthermore, the development is home to a number of residential amenities to heighten the feel of luxurious living. A private on-site gym, secure bicycle storage and a beautifully-landscaped communal garden area were purposefully designed with residents in mind, while the on-site management office is on-hand to ensure that each and every tenant is fully happy in their new home.
Example financial projection for a 1-bed apartment:
Example financial projection for a 2-bed apartment:
Am I buying as freehold or leasehold?
250 years leasehold
What is the address of the site?
Ordsall Lane, Salford, M5 4TD
Are there tenants already in place?
No, Bridgewater Point is a newbuild development
How much is the ground rent?
Ground rent is £349 per annum
What are the projected annual returns on this project?
6% NET returns in year 1
When is my rental income paid?
Quarterly in arrears, direct into your bank account from completion
Is there a management company in place?
Yes, the designated management company will be Fortis Lettings & Management, who will let and block manage the building.
Are there any restrictions if I want to sell?
No, Bridgewater Point is a residential development, so you are free to sell your apartment on the open market.
