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XQ7
Poised for the huge boom at Mediacity:UK with the arrival of the BBC in 2010 
DiscountS of 15%+24-hour concierge service, secure parking and a private entrance to the Metrolink, access to Manchester city centre and the Quays in minutes. Net prices from: 1 Bed £115,000– 2 Bed £145,000 Likely market rentals: £750 for 2 bed and £575 for 1 bed. 2 bed prices include en suite and parking. Developer: The Louis Group / Lowry Homes Area: Salford Quays, Salford, Manchester Number of units/phases in total: 262 / 3 phases Secure Parking: Included for every 2 bed apartment. Valued at £18,000 each Freehold/leasehold Term: Leasehold 125 years Ground Rent: £125pa Service Charge: Approx £80 pm (TBA) Indemnity Underwriters: NHBC Stage of planning: Full Planning High Interior Specification Reservation fee £2000 per unit Reservation fee is not part of the deposit – this is off set against completion. 28-day exchange deadline £9000 deposit on each unit less £2000 Reservation fee Completion due in approximately a) Summer 2007 b) Q1 2008 Sourcing fee of 2% of developer’s list price plus VAT. This property is based in Manchester. Here's why we think Manchester is popular: Statistics With the largest economy outside London, Greater Manchester, the knowledge capital of the UK, has a population of 2.6 million and a workforce of 1.2 million. 25% of the UK’s motorways run through the city and over 11 million people live within 50 miles of the city centre. The city centre population currently stands at 20,000 from 1000 in 1990 and promises great growth potential with large, blue chip organisations from Finance Houses, Law firms and the BBC relocating their activities to the city. Unemployment is far lower than UK averages at 2.9% and with well-paid jobs, Manchester attracts a young, upbeat population; around 65% of who are under 45 years of age.The city boasts one of the world’s premier airports, a well-integrated public transport system and a wealth of cultural, shopping, sports and heritage potential to explore. Growth factors Manchester boasts the largest UK economy outside London. The rental market is sustained by high numbers of well-paid city workers and domestic and international students living in the city and achieves yields of 5.6% on new property. Property for sale has shown strong growth as the city's economy continues to expand. Demand for property continues to rise with the population, growing from 1000 in 1990 to 20000 in 2005. Over £1 billion of public and private investment in office, retail and leisure facilities are encouraging tens of thousands of affluent young professionals into the city centre and its surrounds. Complete the information below to find out more about this property.Return from XQ7 to Property for Sale
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