Regent Plaza Salford

Regent Plaza is a landmark residential development with prices starting from £135,000, offering 6% NET return for 2 years.

HIGHLIGHTS:

  • Prices from £174,167
  • Guaranteed 6% NET rental return for 2 years
  • Completion: Q4 2020 (Phase 1) Q4 2022 (Phase 2)
  • Salford City Centre Location
  • Leasehold: 250 years
  • Stamp duty paid
  • 24-hour reception and concierge
  • Deposit protection bond in place
  • Facilities include state-of-the-art gymnasium, residents lounge and CCTV

 

 

INTRODUCTION:

On the edge of Regent Road, Salford, Regent Plaza is the epitome of glamour and craftsmanship, only a stone's throw away from Manchester City Centre, offering a healthy 6% NET return for two years. Selling from £174,167, Regent Plaza, located in the emerging creative quarter, is a contemporary living space, complete with modern architecture, ideal for the ever-increasing young professionals residing in the community.

525 units across 5 blocks, ranging from 1,2 and 3 luxury bedroom apartments and 3-bedroom townhouses, the well-lit apartment block with a warm-toned furniture palette integrates colourful features.

 

 

OVERVIEW:

With a wide selection of luxury one-bedroom, two-bedroom, and three-bedroom apartments, Regent Plaza offers landmark indulgence with a healthy return for investors. Designed to welcome a warm and comfortable atmosphere, the furniture palette adopts a neutral tone to complement the contemporary aesthetic of the property's exterior. The superb apartments offer stunning spaces with double glazed ceiling to floor windows, fully carpeted bedrooms, key-less entry, and fully fitted contemporary kitchens and bathrooms.

Offering a living space that welcomes community, Regent Plaza includes a state-of-the-art private gym and residents lounge. To encourage ease the property boasts communal podium level gardens and courtyard, to complement the 24-hour concierge service.

With close access to major transport routes, Regent Plaza is ideal for the commuter travelling in and out of Salford. Greater Manchester and the inner-city centre are served by an extensive bus and tram network. The tram system has undergone a major overhaul and is now the largest in the UK. Media City UK has a dedicated MetroLink station which connects residents and commuters across Manchester and Salford.

 

 

PAYMENT STRUCTURE:

  • Reservation: £2,000
  • Exchange (of the total purchase price, inclusive of furniture pack and car parking): 30%
  • Completion: 70%

 

 

FINANCIALS:

Regent Plaza offers its investors 6% NET yield for 2 years.

See table below for an example of the amount of returns you could earn:

 

UNITYEAR 1YEAR 2
£135,000£8,100£16,200

 

 

 

WHY INVEST IN SALFORD?

Why invest in Salford?

Economy

Salford is a dynamic commercial centre, home to more than 8,700 businesses, employing over 127,000 people. The city is integral to Manchester City Region's economy, the economic powerhouse of the North West of England. Salford's economy has grown by more than 12% since 2004.

Education

Over 18,000 students attend the University of Salford, which makes use of Media City UK.  In October 2011, the university opened a learning, teaching and research space at the international creative hub, allowing over 1,500 students to have opportunities to work near media professionals using the latest industry equipment, studios and laboratories across 39 undergraduate and postgraduate programmes.

Regeneration

During the last five years, Salford has been the subject of massive investment into evolving the city's public area including new educational facilities, new businesses and revitalised city parks and green spaces. Salford's major scheme has been Media City, a £650 million international hub for technology, innovation and creativity. Home to companies including BBC and Ericsson, Media City is set for further expansion with £1 billion expansion plans for a TV studio and production space as well as shops, offices, a 330-bed hotel and over 1,400 new homes.

Port Salford is expected to create up to 3,100 jobs. There is also the £26 million AJ Bell Stadium and a £650 million scheme to renovate Pendleton underway, creating 1,500 new homes, 1,300 homes modernised and 500 new jobs.

Culture

Salford is home to cultural powerhouse including Salford Museum and Art Gallery. Salford boasts a historical area, home to the Imperial War Museum, The Lowry and Bridgewater Canal.

Salford contains a rich and diverse range of parks and open spaces with over 60% of the city being made up of green spaces. This includes over 30 parks and recreational grounds, two country parks and five local nature reserves.

 

For further details call (0)20 8445 6542 or email info@tarquinjones.com.

 

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Contact Us

Headquarters

Balfour House, 741 High Road,
North Finchley, London, N12 0BP

Call Us

+44 (0)20 8445 6542

Email Us

 info@tarquinjones.com

info@tarquinjones.comRegent Plaza – Manchester