Bridgewater Point

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.

  • Located In Manchester
  • Prices From £114,995
  • Completion Q2 2016
  • Situated On Boarder Of City Centre And Media City
  • 1 And 2 Bedroom Apartments Available
  • 3 Bedroom Town Houses Available

Why Invest In Bridgewater Point?

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.

  • 6% assured NET rental yields in year one
  • Stunning apartments in a highly soughtafter location 
  • Prime rental market in Salford 
  • Excellent location between Salford Quays and Manchester City Centre
  • Great transportation links - tram and bus access
  • Built by experienced developers Fortis Developments
  • Fully let and managed by an experienced lettings agent

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.

Investment Options

Example financial projection for a 1-bed apartment: 

  • Purchase price: £114,995 
  • Est. annual rent: £8,220 
  • Est. service charge: £840 
  • Est. management fee: £411 
  • Est. NET income: £6,969 
  • Est. NET yield: 6.06%

Example financial projection for a 2-bed apartment: 

  • Purchase price: £129,995 
  • Est. annual rent: £9,300 
  • Est. service charge: £960 
  • Est. management fee: £465 
  • Est. NET income: £7,875 
  • Est. NET yield: 6.06%

Local Amenities

  • Cornbrook Tram Stop | 0.7 miles | 13 minute walk
  • Exchange Quay Tram Stop | 0.8 miles | 14 minute walk
  • University of Salford | 0.9 miles | 15 minute walk
  • Salford Quays/MediaCityUK | 1.2 miles | 24 minute walk
  • Old Trafford Football Stadium | 1.3 miles | 25 minute walk
  • Manchester Arndale Shopping Centre | 1.5 miles | 29 minute walk
  • Manchester Piccadilly Train Station | 2 miles | 40 minute walk

FAQ'S

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.

 

The Property Supplier

For more information on Bridgewater Point please contact:

+44 (0)1494 416 196 (UK)

OR

+852 53034685 (Hong Kong)


Online Enquiry