1 bed Flat (for sale) St Stephens Street, Manchester M3

£444,000
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Elite Realty Invest
Horton House, Exchange Flags, Liverpool
0151 382 9270
First Published

9th Oct 2018

Last Published

9th Oct 2018

 

Features

  • Type: Flat
  • Bedrooms: 1
  • Listing status: sale
  • Country: England

Description

For completion in 2019 and available off-plan now, City Mews is an exciting development of nine high quality four-bedroom and five-bedroom town houses in Manchester.
These contemporary homes are generously sized and designed for flexibility the larger plots can be configured to include an office/studio space or “granny/teenage” flat on the top floor.

City Mews is a dazzling contemporary residential development just five minutes walk from Spinningfields, Manchester city centres luxury dinning and shopping destination and the main corporate centre outside of the city of London.

Salford has undergone a huge development and regeneration programme in recent years and lots more is planned including: Salfords first Science Park, The Innovation Park; Middlewood Locks; Greengate regeneration; Liverpool Road corridor improvements; Irwell River Park & an international waterfront destination; Bridgewater Canal corridor; and aj Bell Stadium, home to Salford Red Devils and Sale Sharks Rugby Union Club.

Location:

Spinningfields is the biggest commercial district in Manchester and is home to some of the largest corporations in the North West.
The district is foodie heaven, with some of the best restaurants and destination bars including contemporary Chinese restaurant Tattu, quintessentially English The Lawn Club, Spanish favourite Ibérica and The Oast House with its renowned see and be seen beer garden. Leftbank offers casual dining, independent, innovative and street.
Shop till you drop & come to Spinningfields for premier league shopping at Emporio Armani, Mulberry, Flannels, Oliver Sweeney, Philip Stoner and more.
For culture vultures and building buffs, the Peoples History Museum ticks all the boxes in its converted Edwardian pumping station while the John Rylands Librarys jaw-dropping Gothic interior and towering façade never fail to turn heads.
Getting about is easy, Manchesters famed tram system is the largest in the UK. MediaCityUK has a Metrolink station which connects residents and commuters across Manchester and Salford and there are also plans to build a Metrolink route connecting MediaCityUK to the intu Trafford Centre for completion 2019/2020. The X50 bus connects the neighbourhood to the city centre and the Trafford Centre. Car drivers enjoy good connections to the national motorway network, particularly the trans-Pennine M62 for access to Birmingham, Liverpool and Leeds. And its walkable St Stephen Street is only 8 minutes on foot from the centre. Getting away is easy too Manchester is wellserved by the rail network and Manchester airport, which is currently undergoing a £1.5BN refurbishment, is a hub for destinations worldwide. The airport is just 20 minutes by tram or train from the town centre.

Investment overview:

- 10% below market value
- Predicted Gross rental yields 5.8%
- Located in Manchester biggest regeneration zone
- Full mortgage options available (subject to status)
- Boutique development of only nine townhouses

For further information please inquire below.

 

Local info for M3

 

Property Value Data/Graphs for M3

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 93.2% £236,873 1.6 1.2
Studio 5.7% £116,444 0 0.9
Other 0.5% £514,650 2.3 0.7
Terraced house 0.3% £275,000 2.5 1
Town house 0.3% £435,093 3 2

Area Information

Average Price Paid

£204,636

Sales

2482

Current Average Value

£232,035

Value Change

£27,399 13.4%

 

Current Asking Prices in M3 Average: £232,035

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £62,950 (1) £442,625 (4) £349,975 (2) £493,685 (1) -
Flats £155,388 (271) £268,004 (287) £419,661 (46) £1,816,667 (3) -
All £155,049 (272) £270,405 (291) £416,758 (48) £1,485,921 (4) -

Nearby Properties

1 bed Flat () Quay 5, Ordsall Lane, Salford M5 £114,995
2 bed Terraced house () Bolton Old Road, Atherton, Manchester, Greater Manchester M46 £90,000
3 bed Bungalow () Greencourt Drive, Little Hulton, Manchester, Greater Manchester M38 £180,000
3 bed Semi-detached house () Madams Wood Road, Worsley, Manchester, Greater Manchester M28 £180,000
5 bed Detached house () Leicester Road, Failsworth, Manchester, Greater Manchester M35 £395,000
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