Derwent Street is an exciting new riverside development comprising of 437 contemporary apartments and commercial space, arranged around courtyard gardens with secure parking. The development is set in the increasingly popular area of Salford and enjoys convenient access to Salford, Salford Quays and Manchester city centre and excellent infrastructure links with the M602 approximately ½ a mile away, where connections to the M60 and M62 can be made.
1st Phase – heavily discounted prices
Net prices from: 1 Bed £98,900 – 2 Bed £133,300
RICS Valuation - Rental estimation: 1 Bed £575, 2 Bed £675
2 bed prices include en suite and parking
Developer: Countryside Properties
Area: Derwent Street, Salford, Manchester
Number of units/phases in total: 437
Parking: With each two bed apartment
Freehold/leasehold Term: Leasehold 125 years
Ground Rent: £229
Service Charge: Approx £1.00/sq ft (TBC) Name of Solicitors/Details: TBA
Detail of Indemnity Underwriters e.g. NHBC: NHBC
Stage of planning: Full Planning
* Reservation fee £2000 per unit * Reservation fee does not form part of the deposit – this is off set against completion. * 28 day exchange deadline * 5% payable upon exchange of contract, 5% payable approx 6 months later * Completion due in approximately Autumn 2008 * Sourcing fee of 2% of developer’s list price plus VAT.
It's all about Location, Location, Location! These Apartments are situated between the Ordsall Corridor linking Manchester City Centre to Salford Quays and the banks of the River Irwell, which physically and officially divides Manchester and Salford. Situated just one mile between the City Centre, Piccadilly, Universities, the Motorway Network and Salford Quays the location is ideal.
The developement is 1km from Manchester’s recently completed flagship residential and hotel development, Beetham Tower, where current valuations come in at over £400/sq ft. The average Derwent Street apartment that Baron offers averages £252/ sq ft.
Salford Quays is home to The Lowry Theatre and The Imperial War Museum together with Designer Outlet Mall offering various retail and leisure facilities. Numerous high quality residential schemes are currently being developed with the likes of Countryside PropertiesNV Buildings, City Lofts Salford Quays and Millennium Estates Erie Basin.
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