Waterfront new-build, adjacent to MediaCityUK and transport links
A purpose-built, new-build one-bedroom apartment in a large waterfront development, positioned for rental demand close to MediaCityUK and city transport links. The apartment is offered as an off-plan investment opportunity with contemporary open-plan living, onsite gym, and modern finishes that appeal to young professionals and students.
Key investment strengths include long leasehold (240 years), a five-year rental assurance on the development (as marketed), very low local crime, excellent mobile signal and fast broadband — all supportive for lettings. The waterfront location and proximity to a major creative/tech cluster increase tenant appeal and long-term demand.
Buyers should note material considerations: this is an investment-only off-plan sale requiring a 25% deposit, set within a high-density scheme of circa 500 units which may increase competition for tenants. The area scores high on deprivation metrics, and while regeneration and job growth are cited, this represents local socio-economic risk. Estimated ongoing costs include a service charge (circa £1.78/sq ft, subject to future review) and average ground rent of £395.
This property suits investors seeking a modern, low-maintenance city-centre rental with long lease security and strong connectivity. It is less suited to buyers seeking immediate occupation, rural tranquillity or low-density surroundings.