CHELTENHAM PLACE
MANCHESTER
Cheltenham Place will provide 353 luxury studio apartments in the heart of the action in Manchester. With a range of on-site facilities and excellent transport links, this development offers the perfect solution for modern living for professionals, graduates and students. Residents will have access to a gym, communal area, reception, laundry facilities, roof top garden and bike storage, as well as being just five minutes’ walk from Salford Crescent station in Manchester. The spectacular roof garden provides residents with stunning views of the surrounding city and a place to relax outside after a hard day of work or study. Rental guarantee available for 10 years at 7% Net so with a totally guaranteed 70% net return with NO ground rent, service charge, lettings or management fee and stamp duty savings.
One bedroom studio apartments
| Sizes from 227 sq ft | prices from £124,995 |
Rental Guarantee
7% for 10 Years
Completion
Q4 2024
Payment Terms
£5,000 reservation
50% on exchange within 28 days
Balance less £5,000 reservation fee due on completion
50% on exchange within 28 days
Balance less £5,000 reservation fee due on completion
Tenure
999 years from 2024
Warranty
10 years building warranty
Location
- Salford crescent station – 5 minutes walk
- MediaCity UK – 6 minutes
- Peel Park – 5 minutes walk
- Supermarkets – 5 minutes walk
- City Centre – 10 minutes car or 30 minutes walk
- Shopping Centres Trafford and Arndale – 5 minutes train
- Manchester Airport – 30 minutes train
Universities
- University of Salford – 5 minutes walk
- University of Manchester – 5 minutes train or 30 minutes walk
- Manchester Met University – 5 minutes train or 30 minutes walk
Recreation and Work
- This fantastic property is perfect for anyone looking for easy access to parks and the city centre and further afield, with cycling one of the best ways to take in the surrounding area. With an abundance of universities for students and for professionals the business districts of Spinningfields and MediaCity UK are on your doorstep.
Rental Guarantee of 7% for 10 Years
- The guarantee is payable if the apartment is not let or during any void periods.
- No ground rent, service charge and management fee is payable during this time.
- Example total payments for a £124,995 studio
- Year 1 £8,750
- Year 2 £17,500
- Year 3 £26,250
- Year 4 £35,000
- Year 5 £43,750
- Year 6 £52,500
- Year 7 £61,250
- Year 8 £70,000
- Year 9 £78,750
- Year 10 £87,500 - Total Rent Guaranteed + 70% Net = £87,500